India tourism climbs 12 places up, ranks 40th from 52nd globally

India has moved 12 places up to 40th position from 52nd in Travel and Tourism Competitive Index (TTCI) of World Economic Forum. Dr. Mahesh Sharma, Minister of State (I/C) for Tourism & Culture, said, “We are pleased to announce that India’s tourism industry has moved up 12 places since 2015, and now occupies 40^th rank globally while countries like Japan, China, US, and Switzerland have improved by less than five positions. The ranking is a witness to the several initiatives that have come into effect, such as the liberalisation of visa, formation of tourist helpline 1363, initiation of welcome kits, among many others. Demonetisation has not had much of an impact as we have observed a six-fold growth after it came into action.” He further elaborated that while tourism’s global growth has been 3.9 per cent in 2016, India alone recorded a 10.7 per cent growth, with a CAGR of about 8.4 per cent. The safety and security ranking has also increased by 15 points since the previous year.