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Friday, 17 February, 2017, 14 : 00 PM [IST]

India sees a spurt in business travel

According to a report in The Financial Chronicle, SATTE 2017 launched India Assist mobile app to assist foreign travellers who may need assistance in distress. The mobile app connects travellers in distress to the correct people with the best solution to their issues. India has become a hotspot for inbound and outbound travellers, says Yogesh Mudras, Managing Director, UBM Plc.

According to SATTE reports India is amongst the fastest growing business travel sector globally and is expected to be $ 50 billion by 2017. Rise in start-up businesses that are increasingly offering packages customised to their unique requirements: Women solo travellers; young and backpackers who prefer to stay in tourist hostels/dorms/ home-stays (booked online), student groups travelling for education purposes, and more are leading to the demand, says Mudras. He says short-haul week destinations are most preferred.

“In year 2000, only 4.4 million Indians travelled overseas. This number crossed 20 million in 2015 making India one of fastest growing outbound tourism source markets. Industry estimates suggest that Indian outbound number to touch 28 mn to 35 mn by 2020,” he adds. India also welcomed 8.8 million foreign tourists in 2016, reflecting a growth of over 10% compared to last year. 

The inbound tourism has consistently been growing. South Asia is one of the fastest growing tourism regions in the World. According to UNWTO, South Asia accounts for 7% of the international arrivals of around 18-19 million in a year in Asia Pacific region. It is understood plans have been mooted out to promote the South Asian identity through tourism, development of cultural and eco-tourism, possibility of joint marketing, relaxing visa regime, giving access to cross-border driving licences. 
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