The value of travel market in India was estimated at 75 billion U.S. dollars in financial year 2020. The travel market was estimated to grow around 125 billion U.S. dollars by financial year 2027. Hotels and airlines made up the chunk of the market. The industry accounted for nearly 32 million jobs in 2020, projected to employ nearly 53 million by 2029.
Value of the travel market in India from financial year 2018 to 2020, with an estimate for 2027
(in billion U.S. dollars)
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Value in billion U.S. dollars
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Livemint, & Redseer. (July 7, 2022). Value of the travel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/750856/india-travel-market-size/
Livemint, und Redseer. "Value of the travel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars)." Chart. July 7, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/750856/india-travel-market-size/
Livemint, Redseer. (2022). Value of the travel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/750856/india-travel-market-size/
Livemint, and Redseer. "Value of The Travel Market in India from Financial Year 2018 to 2020, with An Estimate for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Jul 2022, https://www.statista.com/statistics/750856/india-travel-market-size/
Livemint & Redseer, Value of the travel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/750856/india-travel-market-size/ (last visited June 18, 2024)
Value of the travel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars) [Graph], Livemint, & Redseer, July 7, 2022. [Online]. Available: https://www.statista.com/statistics/750856/india-travel-market-size/