Synopsis : India aims to double its tourism sector’s contribution to 10% of GDP by 2047, aligning with global benchmarks. Union Minister Shekhawat highlighted infrastructure improvements and spiritual tourism as key drivers of this vision.
Union Minister of Culture and Tourism, Shri Gajendra Singh Shekhawat, announced that the government is committed to increasing tourism’s share in India’s economy to 10% by 2047, matching global standards. Currently, tourism contributes between 5-6% to India’s GDP, but with the economy projected to grow from $4 trillion to $32 trillion by 2047, this target will translate into a significant economic driver for the nation.
Speaking at the CII YiFi Entrepreneurship Summit 2025, Shekhawat highlighted that India’s tourism sector is expected to witness a compounded annual growth rate of 24%. He emphasised that every Indian state, with its rich diversity and unique cultural heritage, offers varied experiences to tourists worldwide, positioning India as a powerful player in the global tourism landscape.
Previously, inadequate infrastructure was the biggest hurdle for tourism in India, but Shekhawat noted that under the Narendra Modi-led government, infrastructural challenges have been addressed effectively, unlocking new opportunities for growth. In the past year, nearly one crore international tourists visited India, a number poised to increase further with continued development.
Highlighting India’s unmatched potential in spiritual tourism, Shekhawat stressed that while growth is crucial, sustainability must remain central to India’s tourism expansion strategy, ensuring the preservation of cultural and natural heritage while fostering economic development.
Disclaimer : This article is for informational purposes only and does not constitute financial or investment advice.