Nations apart, travel bloggers Shivya Nath from India and Serena Hejazi from Germany have common preferences when it comes to travelling. They choose land transport over air. When they do fly, they try to offset their carbon footprint. To help local economies, they prefer local guest houses and eat local food.
The United Nations defines sustainable tourism as “tourism that takes full account of its current and future economic, social and environmental impacts, addressing the needs of visitors, the industry, the environment and host communities”.
According to a 2021 study by World Travel & Tourism Council, the tourism industry accounts for around 8% of the overall greenhouse gas emissions. Being the third-largest emitter of greenhouse gases in the world after China and the US makes India a major stakeholder in any conversation around sustainability. In 2023, global air travel reached 88% of the pre-Covid level. In India, on the other hand, the Ministry of Civil Aviation said that the volume of domestic air passengers surpassed the pre-Covid level in November 2023.
Market for Sustainability
Sustainable tourism industry is gaining ground in India. According to Future Market Insights, the Indian sustainable tourism market was predicted to be worth $26.01 million in 2022 and is projected to reach $151.88 million by 2032 at a compound annual growth rate of 19.3%. It adds that the sales in the Indian sustainable tourism market represent 2%–5% of the global sustainable tourism market.
Esta historia es de la edición May 2024 de Outlook Business.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición May 2024 de Outlook Business.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
From Chandni Chowk to Global Recognition
For Manish Aggarwal, director at Bikano, Bikanervala Foods, the family business was not just a responsibility but a passion he took to the global stage
Spotting AI Scams
Al has become an integral part of our lives, from customer service no insurance claims. But it is also becoming a tool for fraudsters who use it to scam individuals and corporations
Let a Hundred Flowers Bloom
On the banks of the Ganges in industrial Kanpur, a start-up has blossomed that turns waste flowers into incense
BATTERY LOW
India produces enough green energy to power many of its largest cities yet lacks the storage to use it efficiently. A nation blazing forward must leap ahead in battery technology to stay on course
We Have Everything Going for Rajasthan
Rajyavardhan Singh Rathore, Rajasthan’s industry and commerce minister, tells Pushpita Dey why the state is suited to become a hub for investments.
Dairy and Other Dilemmas
India’s refusal to open its dairy market has complicated trade negotiations for years. As global partners demand concessions, is the cost of protectionism outweighing benefits?
Riding in a Maze
As gig workers ride into an uncertain future with little more than a smartphone and a bike, the government is struggling to arrange a socialsafety net. But millions without social security is recipe for disaster
BIRLA'S BIGGEST BATTLE
As Kumar Mangalam Birla completes 30 years at the helm of the Aditya Birla Group, he has a battle to defend his businesses and conquer new ones
THE INNOVATION LEAP
India dreams of becoming a product nation. But unless the corporate sector significantly increases spending on R&D, the country will continue to lag behind global peers
EDUCATION BUDGET MUST DOUBLE EVERY 3 YEARS
Veezhinathan Kamakoti, a renowned academic and director of Indian Institute of Technology Madras, tells Deepsekhar Choudhury on what technology sovereignty means for India and how it can propel the country towards its vision of becoming a developed nation by 2047.
