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The tourism industry contributes 250 billion USD to GDP by 2030: Center

Center on Tuesday said the country tourism sector will strive to recover to pre-pandemic levels by mid-2024 and contribute $250 billion to the country’s GDP by 2030. The government also said the country intends to achieve $1 trillion through this sector – sectors hardest hit during the pandemic – in 2047.

This was announced at the end of a three-day national tourism conference here, attended by tourism ministers from different states, governors and managers from the Union territories. intelligence, in addition to high-ranking central government officials.

Concluding speech, Minister of Tourism Trade Union G Kishan Reddy urges all states to share and adopt best practices to advance the sector.

“States must hold such conferences at the state level with district officials from departments and stakeholders to improve and promote tourist destinations,” he said.

At the end of the conference, the leaders approved ‘Declaration of Dharamshala‘, which sets out long-term and short-term goals for the country in the tourism sector.

The Dharamshala-2022 Declaration emphasizes sustainable and responsible tourism, said Arvind Singh, secretary of the ministry.

He said: “India will play an important role in contributing to the global tourism recovery. All major tourism sectors have started to show signs of recovery to pre-pandemic levels such as passenger traffic. non-domestic customers and hotel occupancy”.

According to the statement, India plans to position itself as a major tourist destination when it hosts the G-20 in 2023.

“We plan to ensure seriousness and devotion and show our cultural richness while welcoming the world to our country. We plan to take measures needed interventions, including visa reform, ease of travel, visitor-friendly immigration facilities at airports and openness to international tourism, and these key topics were discussed in meeting”, the statement read.

The statement also talks about ‘National Tourism Policy”, said it was drafted with an overall vision and strategy to revive India’s tourism industry and set a target of contributing $1 trillion to GDP by 2047.

By 2024, the country is estimated to contribute 150 billion USD to GDP from tourism, 30 billion USD in Forex income and received 15 million foreign visitors, the statement mentioned.

It also said India is estimated to grow at a 7 to 9% compound annual growth rate over the next decade.

“Targets are expected to be reached by 2030. 250 billion USD contribution to GDP from tourism, 137 million jobs in tourism, 56 billion USD in foreign exchange earnings, 25 million foreign visitors “, Singh said while reading the statement.

During the conference, Reddy emphasized the importance of Yuva Travel Clubs and said these clubs can become a game changer for the industry.

“The national flag will be installed at all tourist sites. I urge the states and stakeholders to plant the flag at all hotels and tourist attractions,” he said.

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