Tag Archives: economic growth

Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said, “The boom in outbound travel from India is driven by the growing middle class. In 2020, only 37 million households had annual income between $10,000-$35,000, but owing to rapid economic growth, by 2030 it will rise to 177 million households.”

An IATA report revealed, India has the right vision and well-timed strategy for the aviation sector and its still a long way to go, especially with good economic growth and high population, but it should also be ensured that the positive impact is not curtailed by too many taxes.