Interim Budget: India s diverse offerings - from cultural heritage to niche tourism like adventure and wellness - continue to lure global travelers. Despite a pandemic setback, the multi-billion-dollar travel sector is resurging, driven by domestic tourism. Government initiatives like Swadesh Darshan and international events like India s G20 presidency bolster the country s reputation as a top leisure, business, and MICE tourism destination.
"From small businesses, local eateries, mom and-pop stores, budget hotels to luxury accommodations and fine-dining restaurants - the multiplier impact of the ICC World Cup on the Indian economy has been an all-round win, underscoring the importance of sporting and other major cultural events on local and national economies," said the report.