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Indian tourism industry – a yardstick to GDP Cover
Open Access
|May 2018

Abstract

Tourism industry plays a pivotal role in the economic development of a nation. This industry infuses opportunities with commendable impact on the economy in the areas of generating income, employment opportunities, one of the sources of foreign exchange earnings, infrastructure development and promotion of national heritage and culture, which contributes towards the national gross domestic product (GDP). This article is empirical about the contribution and impact of foreign exchange reserve, earning and the arrival of tourists on the growth of tourism industry and GDP in India. The researcher has collected secondary data, and the variables are assessed with the help of correlation and regression analysis to analyse the impact of tourism towards GDP in the country. The finding of this article is that domestic tourism is the only independent variable having significance in the GDP.

DOI: https://doi.org/10.1515/ejthr-2017-0013 | Journal eISSN: 2182-4924 | Journal ISSN: 2182-4916
Language: English
Page range: 140 - 146
Submitted on: Feb 9, 2017
Accepted on: Sep 15, 2017
Published on: May 14, 2018
Published by: Polytechnic Institute of Leiria
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2018 R. Vedapradha, Ravi Hariharan, Asif Niha, published by Polytechnic Institute of Leiria
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.