Tourism Industry certainly has been a formidable pillar as an unfailing and reliable source of revenue and capital for many nations. Many countries have been elevated from poor to appreciable economic statuses as a result of the invaluable contributions their tourism sectors have succeeded in adding to their overall economic growth. Tourism is a major engine of economic growth and an important source of foreign exchange earnings in India. Over the last decade, the India has been the fastest growing tourism region in the world and one of the most important sectors for a large number of Indian States. This paper primarily, aims and seeks to identify and examine the paradigm shifts in the tourism industry over the seeming years and how the trends have behaved in India. It seeks to examine the current trends in the tourism industry and evaluates the role of tourism in economic development. The future outlook is bright for the tourism sector, and the region is expected to maintain a high rate of growth well into the next century. The paper contributes to an improved understanding of economic growth of a country because of tourism development.
Cite this article:
Natasha Saqib, Mir Shahid Satar. Indian Tourism Industry: Current Trends and Future Outlook. Int. J. Rev. and Res. Social Sci. 2018; 6(3): 267-272 . doi: 10.5958/2454-2687.2018.00026.6