Indian Outbound Tourism Market is expected to surpass US$ 42 Billion by the end of the year 2024. Despite the slowdown due to rupee fluctuations, the Indian outbound numbers have been growing at an average annual growth rate of 10-12 percent over the last seven years, disposable incomes for travel are also increasing simultaneously. According to Ministry of Tourism’s Report, the number of Indian nationals departures from India during 1991 was 1.94 million which rose to 23.94 million in 2017 with a CAGR of 10.15%. Air connectivity from India to foreign locations has also improved significantly over period of time. The market for travel and tourism in India is expected to grow at a Compound Annual Growth Rate (CAGR) of around 7.23 percent during 2016-2021. 

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