DEVELOPMENT OF INDIAN TOURISM INDUSTRY & ITS IMPACT ON INDIAN ECONOMY & ITS CAPITAL MARKET

Tourism is travel from one place to other for the various purposes. The act is done for the work, recreation, relaxation and pleasure. India has a myriad of landscapes, great heritage, culture, varied flora and fauna and beaches. There are various destinations in India such as Mysore, Delhi, Goa, Amritsar etc. Foreign and domestic tourists visit to these places. Tourism sector emerged as key drivers of growth among the services sector in India. It generates large employment. The paper highlights about development of Indian tourism industry and its impact on economy. Secondary data is used for the research methodology. The data was collected from Indian Tourism Statistics at a Glance, 2019. The test applied was correlation and the result was it accepts null hypothesis.

 

KEYWORDS: Tourist, Tourism Sector, Destinations and Indian Economy.


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