Travel & Tourism – encompassing transport, accommodation, catering, recreation and services for visitors – is one of the world’s highest priority industries and employers.
In India, Travel & Tourism's economic impact includes:

Total Demand
India Travel & Tourism is expected to generate INR1,846.3 bn (US$38.8 bn) of economic activity (Total Demand) in 2004, growing (nominal terms) to INR7,027.7 bn (US$90.4 bn) by 2014. Travel & Tourism Demand is expected to grow by 8.8% per annum, in real terms, between 2004 and 2014.

Employment
India T&T Economy employment is estimated at 24,456,600 jobs in 2004, 5.6% of total employment, or 1 in every 17.8 jobs. By 2014, this should total 27,790,000 jobs, 5.7% of total employment or 1 in every 17.5 jobs. The 11,404,000 T&T Industry jobs account for 2.6% of total employment in 2004 and are forecast at 12,441,200 jobs or 2.6% of the total by 2014.

Gross Domestic Product
India's T&T Industry is expected to contribute 2.0 per cent to Gross Domestic Product (GDP) in 2004 (INR618.4 bn or US$13.0 bn), rising in nominal terms to INR2,002.3 bn or US$25.8 bn (2.1 per cent of total) by 2014. The T&T Economy contribution (percent of total) should rise from 4.9 per cent (INR1,477.4 bn or US$31.1 bn) to 5.2 per cent (INR4,972.5 bn or US$64.0 bn) in this same period.

Capital Investment
India Travel & Tourism capital investment is estimated at INR485.3 bn, US$10.2 bn or 7.2 per cent of total investment in year 2004. By 2014, this should reach INR1,663.9 bn, US$21.4 bn or 7.8 per cent of total.

Personal And Business Travel & Tourism
India Personal Travel & Tourism is estimated at INR927.3 bn, US$19.5 bn or 5.0 per cent of total personal consumption in year 2004. By 2014, this should reach INR3,612.9 bn, US$46.5 bn or 6.1 per cent of total consumption. India Business Travel is estimated at INR114.5 bn, US$2.4 bn in year 2004. By 2014, this should reach INR387.4 bn or US$5.0 bn.

Exports
Visitor Exports play an important development role for the resident Travel & Tourism Economy. India Travel & Tourism is expected to generate 6.7 per cent of total exports (INR283.2 bn or US$6.0 bn) in 2004, growing (nominal terms) to INR1,267.3 bn or US$16.3 bn (5.4 per cent of total) in 2014.