New Delhi, April 16: India’s sustainable tourism market is expected to grow significantly over the next decade, reaching a value of USD 2.16 billion from its current size of around USD 370 million, according to MakeMyTrip founder and chairman Deep Kalra.
As per agency report, Kalra made these remarks while addressing a travel conference organized by the MakeMyTrip Foundation, highlighting the immense potential for growth in sustainable tourism development across the country.
He noted that although the sector is currently modest in size, it is poised for rapid expansion. Presently, the sustainable tourism segment in India is valued at approximately INR 320 crore (USD 37 million), but is projected to become one of the fastest-growing markets over the next ten years, reaching an estimated USD 2.16 billion.
Kalra also pointed out that only one to two percent of India’s overall tourism can currently be classified as sustainable, which contrasts sharply with global trends. He emphasized the gap between India and international benchmarks in this regard.
At the global level, the sustainable tourism market is expected to grow from approximately USD 3.12 trillion in the current fiscal year to USD 11.4 trillion over the next decade, underscoring the rising global emphasis on environmentally responsible travel and tourism practices.
