“India cannot be compared to any other country when it comes to economic growth or tourism, as the nation possesses a unique identity defined by its immense domestic potential,” said Shri Gajendra Singh Shekhawat, Hon’ble Minister of Tourism & Culture, Government of India, during the Inaugural Session of the 18th CII Annual Tourism Summit 2024.

The Minister pointed out that while countries like Singapore, Thailand, and Dubai attract international visitors, they need more domestic tourism potential. In contrast, with its vast population, India stands out for its growing domestic tourism market. Shri Shekhawat noted that the tourism sector in India has seen a post-COVID surge, primarily fueled by domestic tourists whose spending power continues to rise. The expanding middle class in India further adds to this growth, unlocking immense potential for the future.

He also highlighted the role of infrastructure development in facilitating tourism growth, underscoring the progress made over the past decade under Prime Minister Shri Narendra Modi’s leadership. Key advancements include the construction of 150,000 km of roads, the doubling of operational airports, the near-completion of railway track electrification, the introduction of new-generation trains, and the identification of 102 inland waterways. Additionally, affordable data has opened up new tourism possibilities.

The Minister cited the upcoming Coldplay concert as an example of experiential tourism, which holds an economic value of around INR 400-500 crores per show. He emphasized that tourism in India is evolving, and while spiritual and nature-based tourism remains strong, the country must embrace newer concepts to stay ahead of the global competition.

Shri Shekhawat also spoke about India’s ambition to become a USD 34 trillion economy, with tourism contributing approximately USD 3 million. He called for greater collaboration to identify and address gaps in the sector, with CII playing a key role in this effort.

The session also unveiled the CII EY Report on the Employment Landscape in Tourism and Hospitality in India.

Ms Sumita Dawra, Secretary of the Ministry of Labour & Employment of the Government of India, discussed the substantial potential of tourism in driving economic growth. She highlighted how tourism is a powerful multiplier, directly and indirectly creating jobs while generating investments and foreign exchange earnings. She further emphasized that tourism is vital in achieving the Sustainable Development Goals (SDGs), promoting gender equality, and uplifting local economies.

Ms. Dawra also pointed to initiatives such as ‘Make in India,’ ‘Heal in India,’ ‘Study in India,’ and ‘Wed in India,’ which create significant local economic growth opportunities. She concluded by stating that sectors such as tourism, hospitality, education, and the care economy will be key drivers of future employment, with India’s demographic dividend positioning the country to leverage tourism’s full potential.

Mr Puneet Chhatwal, Chairman of the CII National Committee on Tourism and Hospitality and MD and CEO of Indian Hotels Company Limited (IHCL), reflected on India’s standing in the global tourism market. He compared India’s tourism numbers with those of Paris, which attracts 25 million international visitors annually, whereas India struggles to draw even 10 million foreign tourists despite its vast and diverse offerings.

Mr Chhatwal emphasized that India is at a pivotal moment, transitioning from an ‘Incredible India’ to an ‘Inevitable India.’ He noted that tourism’s value extends beyond economic benefits and job creation, serving as a tool for cultural diplomacy and fostering deeper global connections.

In his closing remarks, Mr Deep Kalra, Co-Chairman of the CII National Committee on Tourism and Hospitality and Founder and Chairman of MakeMyTrip, discussed how tourism has evolved into a powerful driver of economic growth, cultural exchange and human connection. He pointed out that travel has transformed from a luxury for a few to an enriching experience for millions.

Mr. Kalra also shared insights into the future of tourism, with Indian travelers increasingly seeking off-the-beaten-path destinations and a rise in premium tourism. He highlighted the importance of last-mile connectivity, innovation, and sustainability in shaping the future of the tourism sector.

Ms. Amita Sarkar, Deputy Director General, CII, opened the session.