The direct contribution of the domestic hotel industry to the GDP was $40 billion last year and is expected to be $68 billion by 2027 and by 2047, it will reach around $1 trillion, stated the 'Vision 2047:
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India's GDP is likely to touch $5 trillion over the next four years and will overtake Japan and Germany to become the third largest economy by 2027 ~ Jefferies
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India's market capitalisation crossed $5 trillion, tripling in a decade. Domestic ownership increased as foreign institutional ownership fell. GDP is expected to reach $5 tn in 3 years, $7 tn by 2030.
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LesGo
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The Indian hospitality industry is on the rise!
- Foreign tourist arrivals to surpass pre-COVID levels in 2024
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