Indians to spend $55 billion on outbound tourism in 20 years: Report

Outbound tourism spending from India was projected to rise from USD 18.82 billion in 2024 to USD 55.39 billion by 2034. Nangia NXT and Ficci's report highlighted the dominance of packaged tours in 2024 and the role of rising disposable incomes, visa reforms, and social media in driving this growth.