Tourism and hospitality industry, the service sector of the Indian economy is one of the largest areas. Tourism is a major growth driver in India and is an important source of foreign exchange earnings. The direct contribution to GDP in India region (GDP) per annum during the period 2013-2023 is expected to grow 7.8 per cent. Tourism in India due to the increase in foreign tourist arrivals (FTA) and a large number of Indians traveling to domestic destinations is rich. Domestic tourism increased by 5.1 percent in 2013 and is expected to increase by 8.2 percent this year, the World Travel and Tourism Council (WTTC), according to data available with the revenue earned.
This loyalty between LV and the maharajas established LV’s brand as exclusive and for the wealthy, which grants them a lot of benefits during their target of HNW individuals. I also think that while there is a lot of poverty in India, the middle and wealthy classes are rising. A couple of the statistics provided in the case suggest that India has the world’s second fastest growth in the number of HNW individuals. The “cocooners” are also likely to develop a taste for luxury as they adapt to higher income levels and more lavish spending habits. The case estimates this market at around 97 million people.
"Star cruises has recorded empowering development in India in recent year, with the quantity of Indian travelers expanding 44.5% from 2008 to 2012. This achievement can be ascribed to star cruises ' profound comprehension of Indian explorers ' vacation and MICE inclinations. Above all is the achievement in India is likewise made conceivable by the hearty system of travel office accomplices through which star cruises ' fly-journey and voyage bundles are elevated to the Indian business sector," said William Ng, Star Cruises Chief Operating Officer.
INTRODUCTION As we all know that the tourism industry is growing rapidly in India. The travel and tourism industry has blessed the country. India gets a third rank among the world for its tourism. Our India is known as heritage country, so by this name our country has gain the popular rank among the tourist. India gets the second highest income from this industry.
Though the exports of footwear sector are slow for India, but they are seeing a constant rise since the last four decades. During the financial year 2011-12, the footwear industry of India valued at US$ 2077.27 contributing a major share in the country’s GDP. The footwear sector of India holds a very strong future and is expected to be one of India’s strongest links, both domestically and export wise. The support of government to enhance this sector, seeing the bright prospects insures a lot of confidence in the manufacturers and the retailers. This industry is poised for steady growth and studying and understanding the consumer patterns and the fashion involvement in the footwear industry is thereby important.
Tourism in India has considerable potential because of the rich cultural and historical heritage, diversity in ecology, terrains and places of natural beauty spread across the country. Tourism has also emerged as a large employment generating sector in addition to being a significant basis of foreign exchange inflows for the nation. Market Size With the rising middle-class in India, the disposable income of the population has increased which has continued to support the growth of domestic and foreign tourism. As per the Ministry of Tourism, Domestic Tourist Visits to the States and Union Territories within India rose by 15.5% year-on-year to INR 1.65 billion during 2016. The top 10 States and Union Territories contributed about 84.2% to the total number of Domestic Tourist Visits.
BACKGROUND OF THE STUDY “ Welcome a tourist and send back a friend ”. Pundit Jawaharlal Nehru, India’s first Prime Minister. In the 21st century, tourism has emerged as a major economic driver throughout the globe, and it has been growing leaps and bounds. The growing demand for this smokeless industry is because of changing demographic characteristics of the people, changing life styles, increased disposable income, long leisure time, changing mindset of working class, advancements in transportation and rapid development of information technology. Innovation in the tourism destinations is also motivating the people to go for tours to enjoy their holidays.
Tourism is the third largest foreign exchange earner after gem, jewellery &ready-made garments. Tourism generate more jobs than any other sector for every rupee invested. So, tourism industry seems to be a boon to Indian economy from the revenue generation and job creation point of view. Being a multi – destination country, India has a lot of potential to be the no 1 market for tourism industry as with a variety of tourism resources India can ideally attract a huge no. of tourists across the globe.
Nowadays, many organizations are becoming global, international or multinational, so they need to manage the human resources in order to manage the diversity at the workplace. People in these types of organizations are categorized based on the cultural differences, background, gender, age or religion (Kossek, Lobel, & Brown, 2006). The organizations that deal with diverse people are maximizing the employee's experiences and skills and ignoring their origin, nationality or other differences. The workplace diversity helps the employees on the organizations to collaborate with other people from different cultures and nations. As a result, the workplace productivity and profitability will increase through learning and gaining knowledge from each other (Kossek, Lobel, & Brown, 2006).
Notwithstanding, there are advantages and disadvantages included with the improvement of tourism industry in the nation. Give us a chance to talk about the advancement and in addition the negative and positive effects of tourism industry in India. Tourism Industry is the most energetic tertiary action and a multibillion industry in India. The potential and execution of India 's tourism industry needs to gage as far as its financial extents. India is rising as a prevalent visitor destination on the planet, driven by the attention on advancement and making quality for vacationers.