In 2004, India's travel & tourism is expected to generate inr1,846.3 bn (us$38.8 bn)
of economic activity (total demand). the industry's direct impact includes:
- 11,404,000 jobs representing 2.6% of total EMPLOYMENT.
- INR 618.4 bn (US$13.0 bn) of GROSS DOMESTIC PRODUCT (GDP) equivalent to 2.0% of total GDP.
However, since travel & tourism touches all sectors of the economy, its real impact is even greater. india's travel &tourism;economy
directly and indirectly accounts for:
- 24,456,600 jobs representing 5.6% of total EMPLOYMENT.
- INR 1,477.4 bn (US$31.1 bn) of GROSS DOMESTIC PRODUCT (GDP) equivalent to 4.9% of total GDP.
- INR 283.2 bn (US$6.0 bn) of EXPORTS, SERVICES & MERCHANDISE or 6.7% of total Exports.
- INR 485.3 bn (US$10.2 bn) of CAPITAL INVESTMENT or 7.2% of total investment.
- INR 36.0 bn (US$0.8 bn) of GOVERNMENT EXPENDITURES or a 1.0% share.
