The current scenario in the Indian Tourism Industry is thriving due to the increase in foreign tourists and the increased enthusiasm amongst the Indian traveling public to go holidaying to any of the domestic tourist spots or to an overseas destination that is interesting and affordable. There could be several reasons for the buoyancy in the Indian Tourism Industry. The first and the most important reason for this is the upward trend in the growth rate in the Indian Economy of all segments of people including the middle class to spend their money on vacations abroad or at home.
The package holiday in itself has been popular a decade ago, but it has gained momentum with the opening up of a number of tourist places within India and outside. Driven by a young population with access to disposable incomes and easy finance options, the consumer market has been throwing up mind-boggling figures.
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