Economy, asked by sg1274786pa0kvb, 1 year ago

Why is tourism imp for the indian economy ? Explain.

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Answered by Akhilrajput1
11
↔Tourism industry plays a major role in any country's economic development. It helps significantly to the country for creating the employment opportunities to the large number of people. Moreover, it is also one of the important engines to attract more foreign exchanges with its potential.

↔According to World Travel and TourismCouncil's "Travel and Tourism Economic Impact 2015" report the direct contribution of this industry to the country's GDP in 2014 was 2.2%. It is foretasted that the contribution will rise significantly to 2.5% of total GDP in 2025.


↔Tourism has become an important sector that has an impact on development of country economy. ... The ability of the national economy to benefit from tourismdepends on the availability of investment to develop the necessary infrastructure and on its ability to supply the needs of tourists.
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Answered by Ritikakinha1234
6

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