We are pleased to share our recent report titled “Navigating Horizons- The Rise of Future of Indian Outbound Tourism” in association with FICCI. Our report gives a detailed look at the rapidly growing Indian outbound tourism market. It covers its current state, economic impact, and future trends, highlighting key factors driving this growth, such as rising disposable incomes, improved connectivity, and a growing middle class. Our report dives deep into this expanding sector, focusing on key trends, economic impacts, and future forecasts. Our research indicates that India’s outbound tourism sector is experiencing rapid growth. We project spending to surge from USD 18.82 billion in 2024 to a remarkable USD 55.39 billion by 2034.Our report reveals that wellness tourism, adventure travel, and niche tourism sectors are on the rise. Indian travellers now want personalized and unique experiences beyond traditional tourism. As technology and digital platforms continue to influence travel planning, the market is expected to grow even more in these areas. The report also discusses the challenges and opportunities in the market. On the other side, while fluctuating exchange rates and climate concerns pose challenges, there are significant opportunities for destinations to tailor their offerings to meet the evolving needs of Indian travellers. Strategic marketing and customized travel experiences will be key to capitalizing on this growth.The report also emphasizes the role of technology and social media in shaping travel decisions. Digital platforms have made it easier for travellers to plan and book their trips, while social media has opened new opportunities for destinations to attract Indian tourists. As India continues to rise as a global tourism player, this report serves as a valuable resource for policymakers, businesses, and researchers, providing strategic insights to navigate the future of India’s outbound tourism market.
