IATO Seeks Strategic Export Sector Status For Tourism To Double Economic Contribution To 10%
New Delhi, Sept. 15 -- India's tourism industry needs stronger policy support, sustained global marketing and improved connectivity to double its contribution to the economy to 10 per cent from around 5 per cent, the Indian Association of Tour Operators (IATO) said at its annual convention.
The association said inbound tourism could become a stronger source of foreign exchange earnings, employment and MSME growth if India shifts from fragmented promotional campaigns to a sustained global marketing strategy.
IATO Seeks Strategic Export Sector Status
IATO has sought 'Strategic Export Sector' status for tourism, arguing that the industry generates foreign exchange and supports a wide ecosystem of businesses, including MSMEs.
IATO preside...
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