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Tourism: a Blessing?

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Tourism- A blessing

In recent years tourism has seen a phenomenal growth, which can be attributed to the booming IT industry, business, event management industry, overall globalization in every industry. This is has brought about a huge increase in the tourism industry. The demand for tourism is expected to remain strong. Countries like India have new forms of tourism, new reasons why people come here. An example would be Medical Tourism. Medical Tourism in India has attained huge proportions with the development of health facilities. Since then the proportion of people visiting India for medical reasons has been on a rise. This is because the medical treatment here 25 percent less expensive than other countries. In India most of the people in the services sector speak English and the language barrier is another factor that allows foreigners to consider India as a Viable option for their medical treatment. The health and wellness tourism in India is also at a huge growth for the high quality services offered. The Indian tourism sector is a good example of the multiplier effect, which is when the success of one type of industry which in this case is tourism attracts other forms of economic development and creates more jobs, for example in shops, hotels, restaurants and bars, and also as guides and instructors. The GOI is allowing 100% investment into Hotels and Tourism. This means there will be a lot of overseas investment in airports, roads and hotels. This investment will be good, as new chains will open here, more flights, more accommodation, and better transport. These reasons will increase tourism even more. In the next 5 years 8-10 billion dollars are being invested in the tourism sector. India has significant potential for becoming a major global tourist destination and this is a big advantage for India. Ecotourism in India is also growing; this is…...

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