Union Minister Gajendra Singh Shekhawat speaking at an exhibition event on Friday. (Photo credit: Gajendra Singh Shekhawat's X profile) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Union Minister Gajendra Singh Shekhawat on Saturday said the tourism sector contributes Rs 20 lakh crore to India's GDP, and is expected to grow at a rate of more than 25%.
"Tourism now contributes over Rs 20 lakh crore to our national GDP. It provides livelihood to more than 84 million people," he said, addressing the `MP Travel Mart', an event organised by the Madhya Pradesh tourism department.
"India welcomed 20 million inbound tourists last year, and 2.94 billion tour trips were made by domestic travelers. Tourism sector in India is estimated to grow with a CAGR (Compound Annual Growth