April 30, 2024
1 min read

India’s Tourism Set to Generate 58.2M Jobs

Serving as a vital source of foreign exchange, the travel and tourism sector contributed Rs 15.9 trillion ($191.25 billion) to the country’s economy…reports Asian Lite News

The travel and tourism sector in India, which registered remarkable growth post the Covid-19 pandemic, is expected to add 58.2 million jobs by 2033 throughout the country, a new report said on Monday.

In the pandemic year 2020, the tourism sector accounted for 39 million jobs, constituting 8 per cent of the country’s total workforce. Talent demand in this sector registered a spike of 44 per cent in August last year, according to the global technology and digital talent solutions provider NBL Services.

Serving as a vital source of foreign exchange, the travel and tourism sector contributed Rs 15.9 trillion ($191.25 billion) to the country’s economy in 2022 and was estimated at Rs 16.5 trillion in 2023.

Among the job roles that will continue to be in demand experiencing (year-on-year) surges include sales (18 per cent), business development (17 per cent), chefs (15 per cent), travel consultants (15 per cent), tour operators (15 per cent), wildlife experts (12 per cent), transportation providers (15 per cent), and more, the report mentioned.

From a location perspective, the top five states attracting domestic tourists so far include Uttar Pradesh, Tamil Nadu, Andhra Pradesh, Karnataka, and Maharashtra.

According to the report, the top cities driving the increase in hiring include Delhi NCR, Mumbai, Bengaluru, Pune, and Kochi.

Jaipur, Ahmedabad, and Chandigarh are among the tier two cities. In the coming nine years, new jobs are also expected across emerging cities in Gujarat, Lakshadweep, and West Bengal, according to the report.

ALSO READ: Healthify Trims Staff

Previous Story

India Leads FDI Surge in Nepal

Next Story

‘PM taking inspiration from Goebbels’

Latest from Business

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

Nykaa Expands Global Footprint with UK Debut

To commemorate this significant global debut, Nykaa’s leadership hosted an exclusive soiree at the George Club in Mayfair, London Nykaa, India’s leading beauty and lifestyle destination, is set to make a grand

Nothing’s CMF Goes Indian with $100M JV

Company has announced a $100 million joint venture with Indian electronics manufacturer Optiemus Infracom Limited….reports Asian Lite News Smartphone maker Nothing has spun off its budget sub-brand CMF into an independent subsidiary,

Airbnb Boosts India Economy

Among international guests, the largest inbound sources were the United States, United Kingdom, Canada, and Australia Hospitality giant Airbnb made a significant impact on India’s economy in 2024, contributing Rs 113 billion

Rupee, Markets Gain Amid Trade Optimism

Emerging market currencies, including the rupee, have gained support amid softening in the dollar. Reports suggesting that the US economy is on the verge of a recession have contributed to the greenback’s
Go toTop

Don't Miss

Productive and positive: Bilawal on India trip

Bilawal had attended the SCO Council of Foreign Ministers meeting

Britain promises help to extradite economic offenders

Govt says efforts are on to extradite fugitive businessman Mehul