The Indian travel market is at its inflection point and ranks among the world's fastest-growing markets. According to an Expedia report, by 2025, there is an anticipation of 13.9 million leisure departures from India, resulting in 19.4 million Indian visitor arrivals abroad, notably driven by Tier II and Tier III cities. Business travel accounts for 26% of outbound trips, making India one of the largest global markets for business travel.
By 2029, the Indian tourism sector is projected to experience annual growth of 6.7%, reaching a total value of INR 35 trillion, constituting 9.6% of the nation's GDP.
Mumbai leads as India's primary outbound market, contributing 63% to MICE and business travel from the country. It also serves as India's financial and commercial center and is the dynamic heart of Bollywood, the nation's most prominent film industry.
Featuring 1,600+ exhibitors from 60+ countries, OTM has solidified its status as India's most international travel trade show. Additionally, it has garnered recognition as the leading event in Asia, thanks to its exceptional venue facilities and the high caliber of buyers and sellers in attendance. Over the course of three dynamic days, media delegates interact with a multitude of exhibitors from diverse countries and over 40,000 travel trade professionals.
Contacts
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contact@fairfest.in
