The report said the disposable incomes are making it possible for more Indians to travel to other parts of the world for their holidays
January 14, 2013 – Outbound tourism is starting to catch up with inbound in India and estimates are that by 2020 over 50 million people from India will travel for their holiday overseas. That figure was forecast by the Tourism Australia, a company run by the state that promotes the country as a leisure and business travel destination.
The report said the disposable incomes are making it possible for more Indians to travel to other parts of the world for their holidays. The Indian tourism and travel industry has grown an average of 8% in each of the last five years.
Domestic tourism in the country has reached 850 million visits, while arrivals of foreign tourists passed the six million annual mark in 2012. In addition, an increase in Indian tourist traveling has been seen to destinations near to India as they remain within the travelers’ budget and takes less time to make the trip, said a report from the U.N. World Tourism Organization.
A three-day fair is currently being held in Bangalore called Travel & Tourism Fair that has over 3,000 travel and tour operators participating, promoting their holiday destinations both within India and abroad.
The fair is provided to help the tourism and travel industry to meet with trade partners as well as potential business and tourism travelers offering holiday packages for upcoming summer vacations.
Along with China, which is a feature country, and Nepal as a partner country, there are tour operators from the U.S., Canada, Singapore, Egypt and Turkey taking part in the event offering special deals for early bird reservations.
There are also operators representing 20 states throughout India taking part in the event to promote religious, heritage, leisure, cruise, honeymoon and even medical tourism within India.