India to add 10 million travel & tourism jobs in a decade
According to World Travel & Tourism Council (WTTC), travel & tourism in 2017 in India supported 41 million jobs and is expected to rise to 43 million in 2018, and a further 53 million in 2028. India will add around 10 million jobs in the travel and tourism sector by 2028 said the WTTC report.
India is currently the seventh largest travel and tourism economy in the world. Overall, the total contribution of the sector to the economy was Rs 15.2 trillion ($ 234 billion) in 2017 after taking direct, indirect and induced benefits are taken in to account.
WTTC’s annual research shows that travel & tourism was responsible for the creation of 7 million new jobs worldwide.
In 2017, travel and tourism’s direct, indirect and induced impact accounted for $ 8.3 trillion contribution to global GDP (10.4 per cent), 313 million jobs, and $ 882 billion investment.