India’s outbound tourism spending is forecast to grow from USD 18.82 billion in 2024 to USD 55.39 billion by 2034, driven by rising disposable incomes and a growing middle class. Packaged tours dominate with a 39.20% market share in 2024. Factors like availability of Indian food abroad and interest in niche destinations like Egypt and Georgia support this growth. Technology, social media, and visa reforms are also key drivers. For investors, this growth signals expanding opportunities in travel, aviation, and hospitality sectors.
