Outbound trips from India will surpass $42 billion by 2024

Outbound trips from India will surpass USD 42 billion by 2024 and the government could bring about certain policy changes to boost this growing market, revealed a report titled ‘Outbound Travel and Tourism – An Opportunity Untapped’ by Nangia Andersen LLP in association with FICCI. “The Indian outbound travel market is among the fastest growing markets globally with approximately 80 million passport level of purchasing power, especially among the middle class,” said the report.