Skift India Report: Outbound Travel Expected to Reach $44.7 Billion by 2032
Photo Credit: Singapore received the highest flight bookings from India. Adobe Stock Image / Danon
Skift Take
It isn’t just about the number of people traveling, but also a series of bold investments India is making in infrastructure and expansion of its aviation sector. And the global travel industry must take note if it wants to capture a share of the market.
India’s outbound tourism is expected to reach $44.7 billion by 2032, according to a report titled ‘Unlock the Potential: A Look into Outbound Tourism’ by Nangia Andersen, in association with the Federation of Indian Chamber of Commerce and Industry. The report also highlighted the recommendations for growing the future of outbound tourism, which include tax rebates, collaboration with destinations and airlines, streamlining visa processes, among other ideas.
International leisure flight bookings from India have increased by 40% for trips between June and August compared to the same period in 2022, according to travel solutions provider RateGain. The company said this represents the highest level of outbound leisure flight bookings from India in the post-Covid years.
Singapore received the highest flight bookings from India, followed by San Francisco, Melbourne, Toronto, and Bali, according to the report. U.S., Canada and UK are the most booked destinations
