India Tourism Report Q1 2016
BMI View: India's tourism market is growing rapidly, bolstered by a relaxation in visa restrictions and anever expanding range of international air travel connections. The country offers a huge range of touristattractions, and in established tourism destinations supporting infrastructure is relatively well developed.
There is significant scope for expansion of both transport infrastructure and the hotel and accommodationsector, particularly outside major cities and in more rural areas, which would benefit from an expansion oftourism spending. The government is increasingly supportive of the tourism industry and is investing in arange of initiatives to increase both domestic and international tourism, helping ensure India'sattractiveness as a potential investment destination.
Key Updates And Forecasts
India continues to attract increasing numbers of international visitors, with the inbound tourism marketexpected to grow from 7.4mn visitors in 2015 to 9.1mn in 2019.
The air travel sector is growing rapidly, with Air China recently launching a new direct flight betweenMumbai and Beijing while Air India plans to launch a non-stop flight from Delhi to San Francisco inDecember 2015.
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