The performance of the Indian Tourism Industry in the era of globalization – a conventional study

• Main Authors: K. Padmasree, Bharathi Devi. Anchula
• Format: Article
• Language: English
• Published: AfricaJournals 2011-01-01
• Series: African Journal of Hospitality, Tourism and Leisure
• Subjects: Compounded Annual Growth Rate; Indian Tourism Industry; Foreign Tourist Arrivals; Foreign Exchange Earnings
• Online Access: http://www.ajhtl.com/uploads/7/1/6/3/7163688/padmasree_k._and_anchula_b.d._article_1_vol_14.pdf

This article studies the growth of foreign tourist arrivals and foreign exchange earnings into India through the Indian tourism industry. It also examines the share of the Indian Tourism Industry in the World in general and especially the Asia Pacific region. How stable us India’s tourism industry in terms of foreign tourist arrivals, foreign exchange earnings, domestic tourist visits within India and the number of Indian tourists going abroad? The article suggests measures for increasing the growth of foreign tourist arrivals and foreign exchange earnings into India via tourism. It is evident from this study that the India Tourism Industry is growing significantly each year at a rate of 7% in foreign tourist arrivals. In addition, India is currently experiencing a steep jump in its position in terms of tourism growth and has moved from its recent 50th global position to position 40 in tourist receipts. In the Asia Pacific Region India is now 11th in terms of tourist arrivals. Had it none been for terrorism in Mumbai and political disturbances, as well as minor domestic violence which compromised the internal security of foreigners, Indian tourism would have grown at an even faster rate.