India Travel & Tourism Market: Trends and Demands for {2029}
The India Travel & Tourism market is a vibrant sector that has been a major contributor to the country's economy and cultural identity for decades. The country, renowned for its historical richness, diverse landscapes, and unique cultural heritage, has always attracted travelers from around the world. According to TechSci Research, the India Travel & Tourism market was valued at USD 18.92 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.45% between 2025 and 2029. This report provides a comprehensive analysis of the industry, focusing on its historical evolution, the impact of the COVID-19 pandemic, current trends, opportunities, challenges, and the role of major players operating within the market. Historical Context of India’s Travel & Tourism Industry Ancient Travel Routes and Influence on Tourism India’s travel and tourism industry has historical roots that date back centuries. Ancient trade routes crisscrossed the...