Stories
Indian Tourism Soars 17% Annually, Expanding Beyond Major Cities
C
CNBC TV18•25-09-2026, 16:05
Indian Tourism Soars 17% Annually, Expanding Beyond Major Cities
- •Indian tourism experienced a 17% compound annual growth rate over the past five years, showcasing significant buoyancy and expansion.
- •Despite global challenges like outbreaks and fuel price surges, India's domestic and inbound travel segments have rebounded strongly.
- •Domestic tourism recorded 4.29 billion visits, driving demand for high-quality accommodation in tier-2 and tier-3 cities.
- •Aggressive expansion of national transit connectivity, including an increase from 74 to 165 airports, has democratized access to remote destinations.
- •International visitors are vital economic multipliers, with foreign tourist spending outstripping domestic spending at a 1:40 ratio, and India's diverse offerings encourage repeat travel.
Key Questions Answered
Indian tourism has clocked a compound annual growth rate (CAGR) of 17% over the past five years, highlighting the rapid resilience and expanding footprint of the country's travel economy.
In the past 10 years, India expanded its national transit connectivity by increasing the number of operational airports from 74 to 165, which has democratized access to previously remote destinations.
Foreign tourist spending outstrips domestic spending at a significant ratio of 1:40, serving as a powerful economic multiplier and mobilizing foreign exchange across the broader economy.
