India's Tourism Sector Can Add $100 Billion To GDP: MacquarieMani
The tourism sector in India holds immense potential, and if the government sustains its renewed focus, the sector can add $100 billion to GDP by 2024, notes research firm Macquarie.
Rakesh Arora and Arjun Bhattacharya of Macquarie in their July 27, 2015 report titled: “Eye on India” note tourism is the fourth largest impact sector in India with a 7% contribution to Indian GDP.
Indian tourism – A high impact industry
Arora and Bhattacharya point out that over the past six years, total contribution (both direct and indirect) of . . .
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