Tourism a catalyst for India’s economic future, but key hurdles remain
Tourism is poised to become the next big driver of India’s economic growth. It already contributes significantly to India's GDP and is an employment generator. CNBC-TV18's Shivani Bazaz reports that the sector is undergoing a transformation that could be a gamechanger for India as it aspires to become a $5 trillion economy — but some big challenges have to be addressed to keep international and domestic tourists coming back for more.
Tourism is poised to become the next big driver of India’s economic growth. It already contributes significantly to India's GDP and is an employment generator. CNBC-TV18's Shivani Bazaz reports that the sector is undergoing a transformation that could be a gamechanger for India as it aspires to become a $5 trillion economy — but some big challenges have to be addressed to keep international and domestic tourists coming back for more.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
