Backed by 6% GDP growth, Gen Z to drive India’s travel spending by 9% annually till 2030, says McKinsey report

According to a report by McKinsey, India’s breakneck GDP growth of 6 per cent year over year is bolstering a new generation of travellers, resulting in a projected annual growth in travel spending of 9 per cent between now and 2030. Indian air carriers and lodging companies are making substantial investments to meet projected demand.

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