Tourism to Propel India's Growth to Developed Nation Status by 2047, Says Minister

Tourism Minister Gajendra Singh Shekhawat stated at the ET World Leaders Forum that tourism will be pivotal in India's goal to become a developed nation by 2047. He highlighted India's rapid infrastructural advancements and the potential for significant growth in both domestic and international tourism sectors.

Minister of Tourism and Culture, Gajendra Singh Shekhawat, emphasized tourism's pivotal role in India's march toward achieving developed nation status by 2047. Speaking at the ET World Leaders Forum on Saturday, Shekhawat noted, "By 2047, when India becomes developed, tourism will be a key driver."

Shekhawat pointed to India's substantial progress over the last ten years, crediting strategic reforms and infrastructure advancements championed by Prime Minister Narendra Modi. He said, "India's infrastructural development and adoption of cutting-edge technologies have reshaped global perceptions of our nation, making us one of the fastest-growing economies."

Highlighting Moody's recent positive rating of India's economy, Shekhawat said, "Moody's recognition of our growth trajectory underlines India's recent economic progress." Infrastructure milestones include over 1,50,000 kilometers of new highways and comprehensive railway electrification. While India's tourism sector currently contributes 7.9 percent to the global economy, the Minister sees substantial growth potential.

"Inbound tourism is heavily centered around seven states, including Rajasthan and Delhi," Shekhawat added. "As we aim for 2047, tourism will be a key development driver." MakeMyTrip's CEO Rajesh Magow echoed these sentiments, noting both domestic tourism growth and a robust recovery in international tourism post-pandemic.

Puneet Chhatwal, CEO of The Indian Hotels Company Limited, emphasized the symbiotic relationship between infrastructure and hospitality growth, stating, "Infrastructure growth benefits hospitality, creating numerous jobs."

Sandeep Ghosh from VISA highlighted emerging health and wellness tourism trends, describing this sector as a significant opportunity for the government.

Lastly, Lakshyaraj Singh Mewar of HRH Group of Hotels praised the global recognition of Indian heritage hospitality, particularly by Tata and the Taj Group, which have brought Indian heritage to the global forefront.

(With inputs from agencies.)