{"id":25453,"date":"2025-11-28T11:04:12","date_gmt":"2025-11-28T11:04:12","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/11\/28\/indias-tourism-sector-set-to-surge-by-20-cagr-gajendra-singh-shekhawat-says-at-ficci-agm\/"},"modified":"2025-11-28T11:04:12","modified_gmt":"2025-11-28T11:04:12","slug":"indias-tourism-sector-set-to-surge-by-20-cagr-gajendra-singh-shekhawat-says-at-ficci-agm","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/11\/28\/indias-tourism-sector-set-to-surge-by-20-cagr-gajendra-singh-shekhawat-says-at-ficci-agm\/","title":{"rendered":"India&#8217;s tourism sector set to surge by 20% CAGR: Gajendra Singh Shekhawat says at FICCI AGM"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>India\u2019s tourism industry is poised for significant expansion, with annual growth expected to exceed 20%, Union Minister Gajendra Singh Shekhawat said on November 28. Speaking to reporters during FICCI\u2019s 98th Annual General Meeting in New Delhi.<\/p>\n<p>He attributed the positive outlook to the country\u2019s strengthening economy, rising disposable incomes, expanding middle class, and major improvements in infrastructure. \u201cI am sure that tourism in India is going to grow by more than 20% CAGR annually,\u201d ANI quoted him as saying. He added that measures such as exempting income tax up to \u20b912 lakh had supported travel demand. &#8220;With growing economy, the Indian middle class has increased, which leveraged the tourism sector. Exempting income tax up to <span class=\"rupee_icon\">\u20b9<\/span>12 lakh for individuals supported tourism,\u201d he added.<\/p>\n<p>The Minister celebrated Ahmedabad securing the 2030 Commonwealth Games, saying the event would enhance the state&#8217;s global tourism appeal and generate long-lasting momentum.<br \/>\u201cI believe with this big event, India&#8217;s tourism potential will rise further till 2030, and also beyond. That is going to create a multiplier effect. In tourism, there is nothing called individual initiativethe government&#8217;s actions ultimately &#8216;benefit the people at large, boost the economy, and raise disposable income, which together act as a booster dose for our tourism sector,\u201d the Tourism Minister said.<\/p>\n<p>\u201cInfrastructure status has been announced for 50 destinations\u2026 So practically, infrastructure status has been given across the country,\u201d he said. Addressing the industry earlier, he called for ambitious private investment to steer the next phase of growth, he said, according to ANI.<\/p>\n<p>\u201cIndia needs bold private investment to reimagine hospitality models, develop innovative experiential tourism products, establish globally benchmarked service excellence, and build strong community linkages. The government has created an enabling environment; now it is the industry&#8217;s moment to lead, shape, and elevate India&#8217;s tourism brand globally,\u201d the Minister added.<\/p>\n<\/div>\n<div>\n<div class=\"jsx-4479abbbd29e4fd3 content-info\">\n<p><span class=\"jsx-4479abbbd29e4fd3\">(Edited by : <!-- -->Jerome Anthony<!-- -->)<\/span><\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbctv18.com\/travel\/indias-tourism-sector-set-to-surge-by-20-cagr-gajendra-singh-shekhawat-says-at-ficci-agm-19775643.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s tourism industry is poised for significant expansion, with annual growth expected to exceed 20%, Union Minister Gajendra Singh Shekhawat said on November 28. Speaking to reporters during FICCI\u2019s 98th Annual General Meeting in New Delhi. He attributed the positive outlook to the country\u2019s strengthening economy, rising disposable incomes, expanding middle class, and major improvements&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-25453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/25453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=25453"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/25453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/10892"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=25453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=25453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=25453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}