TRAVEL & TOURISM DEVELOPMENT INDEX - REPORTS AND INDICES

News: India ranks 39th on the World Economic Forum’s Travel & Tourism Development

 

What's in the news?

       In the recently released Travel & Tourism Development Index, India has shown improvement in its ranking compared to the previous report.

 

Travel & Tourism Development Index:

       The Travel & Tourism Development Index represents the second edition of an index that has evolved from the flagship index of the World Economic Forum, which has been produced since 2007.

 

Key takeaways:

       Developed in collaboration with the University of Surrey and with contributions from leading Travel & Tourism (T&T) stakeholders, thought leaders, and data partners.

       This index assesses the set of factors and policies facilitating the sustainable and resilient development of T&T.

       The biennial index analyzed the travel and tourism sectors of 119 countries, evaluating them based on various factors and policies conducive to tourism development.

 

India and Travel & Tourism Development Index:

       India secured the 39th position, the highest in South Asia and among other lower-middle-income economies.

       India's ranking marks a significant advancement from its 54th position in the 2021 index.

       With an overall index score of 4.25 out of 7, where 1 signifies the worst and 7 the best, India's improved ranking underscores its growing competitiveness in the global tourism landscape.