New Delhi, Aug. 26 -- India's tourism and hospitality sector is set to play a pivotal role in the country's economic future, according to a report by MP Financial Advisory Services.

The study highlights that India's 'Vision 2047'-which targets 100 million international tourist arrivals-could generate a GDP impact of Rs 43.25 lakh crore and create 63 million jobs by 2034.

India has quickly risen in global tourism rankings, moving from 39th to 8th place in just one year, showcasing its growing strength as a global destination.

Foreign exchange earnings also tell a strong growth story, rising from Rs 0.13 lakh crore in 1999 to Rs 2.12 lakh crore in 2019. Despite pandemic-related setbacks, inflows bounced back to Rs 2.78 lakh crore in 2024...