Globally, the middle class is already the largest spender. India is expected to become the fourth largest global spender on travel by 2030, and by then the middle class, with increased purchasing power, will make 47% of its population, say reports by Booking.com-McKinsey & Company, and People Research on Indias Consumer Economy-Indias Citizen Environment (PRICE-ICE), respectively.
Ras Al Khaimah Targets Tier II Indian Cities to Accelerate Indian Numbers traveltrendstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveltrendstoday.in Daily Mail and Mail on Sunday newspapers.
India: Gulf's Tourism Goldmine | Travel Trends Today traveltrendstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveltrendstoday.in Daily Mail and Mail on Sunday newspapers.