International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 3 May-June 2024 Submit your research before last 3 days of June to publish your research paper in the issue of May-June.

Tourism Performance and Economic Development in India

Country India
Abstract There are several reasons to travel, and these reasons combine to form the tourism industry, which is one of the world's major service sectors in terms of sales and earnings in foreign currencies. It becomes clear that tourism is a powerful stimulus for inclusive societal growth, which benefits both general development and the reduction of poverty. Worldwide recognition is accorded to its key position and significance in propelling economic improvement and augmenting employment prospects. India's tourism industry is expanding rapidly, with great potential for generating employment and foreign exchange profits in addition to driving the country's overall economic and social progress.
India has many tourist spots that are popular with both domestic and foreign visitors, such as Mysore, Delhi, Goa, and Amritsar. Particularly important for the expansion of India's services sector and a major source of job creation is the tourism sector. The tourist sector in India can significantly boost infrastructure development due to its enormous growth potential. Additionally, it can promote several other economic sectors through interdependent linkages, promoting cross-sectoral synergies and advancing total economic development in industries including construction, handicrafts, horticulture, poultry, transportation, and agriculture.
Keywords tourism sector, world tourism, contribution to employment, contribution to gross domestic product
Field Mathematics > Economy / Commerce
Published In Volume 6, Issue 3, May-June 2024
Published On 2024-05-05
Cite This Tourism Performance and Economic Development in India - KALEESHWARI.S, SAJJAN.S - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.19524
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