BRICS LIFE

13.07.2615:30 Technology

Agricultural technologies of future: automation of agriculture in Global South

13.07.2612:00 Personalities

Lance Witten, Editor-in-Chief of Independent Online (IOL): "True journalism is about fairness, accuracy and balance"

10.07.2617:00 Culture

General Director of Bolshoi Theatre, Artistic and General Director of Mariinsky Theatre, Valery Gergiev: BRICS countries open up new opportunities for cultural cooperation

ALL ARTICLES

TV BRICS INSIDE

13.07.2612:30 Culture

Mariinsky Theatre and TV BRICS to promote classical theatre arts across BRICS countries

03.07.2612:00 Society

Ghana joins international exchange of information via TV BRICS

30.06.2612:00 Society

Latin American countries establish media cooperation with BRICS via TV BRICS

ALL ARTICLES

15.04.24 15:35

Tourism

India's tourism industry to reach US$23.72 billion by 2024

The market is expected to grow to US$34.25 billion by 2028

The travel and tourism market in India will reach a revenue of USD 23.72 billion in 2024, growing at a CAGR of 9.62 per cent from 2024 to 2028.

To boost the growth of the tourism sector, India has announced 100 per cent foreign direct investment (FDI) in tourism-related businesses in 2023, allowing investments in hotels, resorts and recreational facilities. Prime Minister of India Narendra Modi emphasised that India's efforts in tourism are aimed at preserving the country's heritage and developing world-class infrastructure.

Some of the key highlights include the emergence of the package holidays market as the largest segment, which is projected to reach US$10.48 billion in 2024. This is reported by ANI, a partner of TV BRICS.

By 2028, this segment is projected to have 64.74 million travellers and an average revenue per user of US$209.70. Online sales are projected to account for 60 per cent of the total revenue share of the travel and tourism market.

Moreover, in line with global trends, the Indian tourism industry is shifting towards sustainable practices and eco-friendly travel options to attract visitors.

Photo: iStock

MORE ON THE TOPIC

09.07.2616:00 Tourism

Malaysia records 17.5 million international visitors in first five months of 2026

08.07.2617:30 Tourism

Vietnam targets global Halal tourism market with new strategy to attract Muslim travellers

08.07.2612:20 Tourism

China targets 190 million inbound tourist arrivals by 2030 under new national tourism strategy

07.07.2615:00 Tourism

Brazil and Ethiopia sign Memorandum of Understanding to expand cooperation in field of tourism

06.07.2616:00 Tourism

Inbound tourist arrivals to South Africa increase by 12.8% since start of year

03.07.2617:00 Tourism

Researchers discover large cave containing rare cave pearls in Vietnamese national park

Nitin Gadkari

India's Union Minister for Road Transport and Highways

"Our resolution has just been passed. It is very important as far as the BRICS countries are concerned, which cover 40 per cent of the world's population. We are committed to the futuristic development of the transport sector, to create cooperation, coordination and communication between the stakeholders. This resolution indicates a lot of new technology and innovation in the transport sector. It covers the road sector, railways, aviation and water transport"

Prabowo Subianto

President of Indonesia

"This roadmap sets the framework for our joint efforts. Indonesia and Belarus have great potential for expanding cooperation in various fields. Our cooperation will focus on industrial development and agricultural modernisation. In industry, we see a major opportunity to increase trade volumes, investment, and cooperation between our two countries. We are also pushing for closer collaboration in culture and human resource development"

Liao Fan

Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences (CASS)

"We also encourage countries of the Global South to work together and contribute to the global economy. We also call on developed countries to set aside issues such as national security and strategic competition when we are discussing real global challenges – pressing issues such as public health or poverty reduction – so that development resources can be channelled truly effectively to those countries that need them. [...] Major powers and large countries must bear greater responsibility for the well-being of people around the world. This is the responsibility of the major powers"

Anutin Charnvirakul

Prime Minister of Thailand

"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"

1 out of

PODCASTS

12 minutes 33 sec.

Executive Secretary of UN Convention to Combat Desertification, Yasmine Fouad: "Use of AI represents game-changer in digital transformation for dealing with land"

23 minutes 27 sec.

Deputy Chairperson of Gauteng Provincial Legislature of South Africa, Thulani Kunene: "We want to learn from Moscow's experience in organising public transportation system"

30 minutes 39 sec.

Director, Producer, documentary filmmaker, Johan Badenhorst: "BRICS countries offer massive opportunity for tourism"

ALL PODCASTS

Categories

PROGRAMMES

PROJECTS

COMPANY

SHOW TV BRICS

TV BRICS IN SOCIAL NETWORKS

TV BRICS APPS

Documentary film «More precious than gold»

«The language of dance»

«BRICSreport»

«BRICSterview»

BRICS LIFE

TV BRICS INSIDE

India's tourism industry to reach US$23.72 billion by 2024

MORE ON THE TOPIC

PODCASTS