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Social Science: Life Lines of National Economy - Concept for Trade and Tourism

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Describe the significance of tourism as a trade in India.

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Solution

Tourism in the past years has grown substantially in India. An increase of 11.8 percent was seen in the number of foreign tourists in 2010 against the year 2009. Tourism has brought about Rs. 64,889 crores of foreign exchange in 2010 with about 5.78 million tourists visiting India. The tourist industry provides direct employment to about 15 million people in India and also promotes many local and handicraft industries. Thus, tourism is a significant industry in India.

Concept: Concept for Trade and Tourism
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