India, a country known for its diverse cultures and rich history, has been a popular tourist destination for many years. With each passing year, the number of tourists visiting India has been increasing, and so has the number of tourism companies.
But just how many tourism companies are there in India? In this article, we’ll explore the answer to this question.
Understanding the Indian Tourism Industry
Before we dive into the number of tourism companies in India, let’s first understand the Indian tourism industry. According to a report by the World Travel and Tourism Council (WTTC), India’s travel and tourism industry is one of the fastest-growing industries in the world. It currently contributes around 9.2% to India’s GDP and generates employment for over 42 million people.
The Number of Registered Tourism Companies in India
According to data from the Ministry of Tourism, Government of India, as of December 2020, there are a total of 12,696 registered tourism companies in India. These companies operate across various segments such as tour operators, travel agents, adventure tour operators, tourist transport operators, and more.
The Impact of COVID-19 on Indian Tourism Companies
Like many other industries around the world, the Indian tourism industry has also been severely impacted by the COVID-19 pandemic. The nationwide lockdowns halted all travel plans for both domestic and international tourists. This led to a significant drop in revenue for tourism companies across the country.
However, with vaccination drives underway and restrictions being lifted gradually, there is hope that things will improve soon.
Conclusion
To sum it up, as per data from December 2020 provided by Ministry of Tourism Government of India there are 12,696 registered tourism companies operating in various segments across India. Although COVID-19 has had a significant impact on these companies’ revenue streams, the Indian tourism industry is expected to bounce back soon.
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