BMI’s India tourism report looks at the enormous potential for growth offered by the tourism market, with a burgeoning domestic economy complementing increases in inbound travel throughout the forecast period. India’s increasingly affluent middle class, and its range of natural and cultural tourist attractions make the country a consistently popular destination for both travellers and investors. We therefore expect to see substantial growth across a range of market indicators including arrivals, departures, number of hotels and tourism receipts. India’s transport and accommodation infrastructure is in need of extensive expansion and modernisation. Progress was made in the run up to the …
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