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Foreign arrivals in India likely to cross pre-Covid levels next year

Business Standard LogoBusiness Standard7h ago

Foreign arrivals in India likely to cross pre-Covid levels next year - Business Standard

Quick Summary:

The sector, which is poised to contribute USD 1 trillion to India's economy by 2047, however, is looking up to the government for policy interventions, such as unified licensing, workforce upskilling, and targeted infrastructure investments to enable the vertical meet demand generated by India's drive towards becoming the world's third largest global economy.

As the Indian hospitality industry prepares to uncork the champagne to welcome 2025, it is gearing up to roll out the red carpet to foreign tourists, whose arrivals are likely to cross pre-Covid levels next year while looking to continue its significant contribution to the country's economy and make 'India inevitable'.

"India aims to become the third-largest economy by 2047, and the hospitality sector is set to play a pivotal role in achieving this goal.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-22 @ 16:35:15 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1084 words

Reading Time: 7 minutes read

Sentences: 31 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24581435

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 117 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Foreign arrivals in India likely to cross pre-Covid levels next year" was covered 7 hours ago by Business Standard, a news publisher based in India.

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