Topiff is a brand new travel network from India. Involved in providing large scale travel services like Hotel Stays , Destination and Holiday planning , Ticket booking , e-Commerce and others. The company drives attention of travellers across the world and aims to start its chains in different countries. Topiff assures a great business in India with its high profile influencers, corporate tie-ups and government associations.

Latest Posts

1012, 10th Floor, Logix Business Center, Golf Course Road, Sector 32, Near Noida City Center Metro Station, Noida (UP)
[email protected]

Image Alt

Single Post

Travel Industry in India – The Present Status and the Growth

Share This

Indian tourism and hospitality sector have emerged as the most influential topic these days. It significantly enhances the potentials of allied industries such as historical heritage, places with nature’s beauty, variety in ecology and more.

As per the sources, tourism in India contributes a lot to employment and revenue opportunity. Besides, it also counts majorly as the significant foreign exchange source for the country. Being the largest tourism market with niche portfolio of adventures, wellness, cruises, sports, eco-tourism, MICE, spiritual tourism destination and more, Foreign Tourist Arrival (FTAs) increased to 5.97 million during the period of January to July 2018. Moreover, the early six months of 2018 indicates the higher fees structure which has increased 12.1 percent every year to US dollar 17.09billion.

The tourism industry in India alone counts 8 percent of total employment opportunities in the year 2017 and the total employment of this sector is expected to rise up to 52.3 million jobs by 2028. Specifically, the Indian government expects 20 million FTAs by 2020 which eventually demands higher FX earnings.

This has paved the ways for major travel players to open up brand new features that highlight them towards travel enthusiasts – players like Airbnb, Ola, Oyo Rooms, Uber and others are striving to capture the major Indian market. In addition, the marketing initiative like Incredible India, Atithi Devo Bhava. Swadesh Darshan scheme, Adarsh Smarak and more have made India a more gorgeous travel destination.

The Indian government is not just stepping up with the great initiative in the Tourism industry but also making the enormous investment in this sector. Notably, it has facilitated 100 percent FDI through automatic route, five-year tax exemption has been offered for hotels under the category of 2, 3, and 4 stars, mentioned around UNESCO World Heritage sites (except Mumbai and Delhi).

Leave a Reply: