Rising airfares not a dragon travel sector
Mint Mumbai|December 12, 2023
In 2024-25, growth in India's travel and tourism industry is expected to moderate to 12-14%
Varuni Khosla
Rising airfares not a dragon travel sector

India’s travel and tourism industry is poised for significant growth this financial year as more people travel overseas or make time for short getaways despite rising airfares, as per a new study.

Collectively, revenue is expected to increase by about 30% in the ongoing financial year, and by about 18% over pre-pandemic peaks, ratings agency Crisil said in a statement. For 2024-25, however, growth in India’s travel and tourism industry is expected to moderate at 12-14%, given the high base of FY2024.

この記事は Mint Mumbai の December 12, 2023 版に掲載されています。

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この記事は Mint Mumbai の December 12, 2023 版に掲載されています。

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