New Delhi: Government of India is engaged in promoting the tourism industry in the country. There is immense growth potential in the tourism industry in the country. There is an opportunity to generate huge number of jobs in this sector. There is also good news for the government in this direction. India has made a leap in the Global Travel and Tourism Competitiveness Index. In this, India has moved up six places to 34th place. In the year 2017, this ranking was at the 40th position, which now stands at 34. The main reason for this is the prosperity of India in terms of natural and cultural resources and being very competitive in terms of price.
According to the report, India, which has the largest share of travel and tourism GDP (GDP) in South Asia, remains the most competitive travel-tourism economy in the subcontinent. Its ranking has improved six places to 34. China, Mexico, Malaysia, Thailand, Brazil and India may not be a high-income economy but are among the top 35 countries in the cultural resources and business travel segment.
The main reason for this is their prosperity in terms of natural and cultural resources and competitive in terms of price. In terms of sub-segments, India ranks 33rd in the Better Environment segment, 28th in basic and port infrastructure, 51st in international acceptance, 14th in natural beauty and 8th in cultural resources segment. 140 countries of the world are included in this competition index.
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