1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

2012 Proves to be a Mixed Bag for the Indian Tourism Industry

The tourism industry in India is experiencing a strong period of growth, catalyzed by the flourishing middle class in the country, increase in high spending tourists from foreign countries, and also campaigns conducted by the government.

 
PRLog - Feb. 2, 2013 - The tourism industry in India is experiencing a strong period of growth, catalyzed by the flourishing middle class in the country, increase in high spending tourists from foreign countries, and also because of the coordinated ‘Incredible India’ promotional campaigns conducted by the government. The tourism industry in India experienced a relatively peaceful period during 2012, without any incidents that created image crises and called for travel advisories. Also, a positive development in the law and order of Jammu and Kashmir saw the lifting of permanent travel advisories. Though the recognition from the higher echelons of planning and power was not on time, the end of 2012 did see a fresh air of hope in the country.

There are a number of reasons that have together led to the development and prosperity of the travel and tourism industry in India. The economic growth has added a huge sum to the ranks of the middle class in India, a sector that is driving the growth of the country’s domestic tourism area. According to recent reports, the disposable income in India has expanded by more than ten percent, and a major portion of that is being spent in travel. The blooming IT industry has also contributed to this growth, in the form of an increasing number of inbound business trips issued to foreigners. Such individuals also tend to add a week or two extra to their business visit, and they tend to spend more in India.  

The Planning Commission of the country set up a working group to assess how tourism can be used as a tool for sustainable development, to alleviate poverty, and to improve employment opportunities. The Ministry of Tourism under the government of India has set a five year plan. During the next five years, the country will aim to increase the current international inbound share of 0.6 percent to one per cent. Though the target seems easily achievable, it does demand a consistent growth year after year, approximately 12 to 13 per cent. The present annual growth rate is under ten percent, which makes the process more difficult and challenging. At the end of October 2012, the growth rate compared with 2011 was only around 6 per cent.

About http://www.emperortraveline.com/

Emperor Traveline is a self styling travel organization that has successfully been in the business of providing various travel related services for over twenty five years. The company provides excellent service and customer care through its office in Coimbatore, Tamil Nadu and specializes in a range of services ranging from railway, bus, flight, and cruise ship ticket booking, tour packages for all budgets (honeymoon, family, education, corporate, and spiritual packages), visa and passport services, money transfer, overseas insurance, and overseas sim card. The company details its services in its online portal. Whether you are looking for competitive ticket prices or all inclusive value package tours, the team of experts at Emperor Traveline can help you satisfy all your travel needs in an easy, efficient, and professional manner.

--- End ---

Click to Share

Contact Email:
***@searchnscore.com Email Verified
Source:Emperortraveline
City/Town:Coimbatore - Tamil Nadu - India
Industry:Travel
Tags:travel agent, travel agents
Shortcut:prlog.org/12071995
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share