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 tourism to GDP increased at a 4% CAGR to $128 billion….
India's Tourism Sector Can Add $100 Billion To GDP: Macquarie
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports