August 2011.Tourism in India: Key Potential and Opportunities. Overseas Indian Facilitation Centre (OIFC)
This article reviews tourism sector in India. The sector substantially contributes to the foreign exchange earnings (FEE), gross domestic product (GDP) and employment generation. An optimistic forecast about the sector includes an increase of 15-20% in domestic tourism by 2016. The government has taken several initiatives to develop infrastructure, diversify tourism product portfolio and promote tourism. For instance, “Incredible India” campaign and mega circuits / destinations
As per the Travel and Tourism Competitiveness Report 2011, published by the World Economic Forum (WEF), India is the 12th most attractive destination in Asia Pacific. The Indian tourism products include adventure tourism, cruise tourism, golf tourism, medical tourism and rural tourism.
Read the complete article to get more information about the initiatives and incentives for the investment in the Indian tourism sector.