In the new millennium, tourism is firmly established as the prominent industry
internationally and recognised as the fastest-growing economic sector both in
terms of foreign exchange earnings and Job creation. The trend in this line
seems to be growing every year, a lot more destinations are been added to the
existing ones, a large chunk of people are taking in tourism activities and in
most countries tourism has developed into one of the most dynamic and fastest
growing business.
In India, tourism is emerging as a key sector in the economy. It is presently
India’s third largest foreign exchange earner after garments and gems and
jewellery. The rate of growth in foreign exchange earnings from tourism is
exceptionally high. Over the years, the tourism sector of India is showing signs
of maturity and newer and diverse products and services of international quality
are in the offer in India. There is a definite and systematic progression is
observed where the industry is marching towards specialised tourism products
like ecotourism, rural tourism, etc. and increasingly the industry started
adopting elements of ‘sustainability’ in its every possible segments of
operations, be it in the accommodation, travel or activities.
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