Indias Tourism Sector Booms
In 2023, Domestic Tourist Visits (DTVs) rose by 44.98 per cent year-on-year to 2.5 billion. Uttar Pradesh led the tally with 478.53 million visits, followed by Tamil Nadu at 286.01 million Indias tourism sector is witnessing a rapid growth surge, with projections indicating the industry will generate over Rs 5,12,356 crore (USD 59 billion) by 2028, according to a new report by Capitalmind PMS. The report cites rising disposable incomes, improved connectivity, and enhanced infrastructure as key enablers driving the expansion of domestic and international travel. Domestic tourism is expected to more than double from 2.5 billion visits in 2024