Skip to Content

What is the Impact of Coronavirus on Indian Tourism and Travel Industry?

What is the Impact of Coronavirus on Indian Tourism and Travel Industry?

Submitted by • September 7, 2020 transfin.in

The tourism sector of a country generates foreign exchange, drives regional development, and directly supports various businesses and numerous types of jobs such as catering, tourist operators etc. It also underpins many local communities.

India's tourism industry contributes 8.1% of the country's total employment. Naturally, it was not not averse to the job losses and salary cuts inflicted by COVID-19. The pandemic's impact was brutal for the sector - but it doesn't have to be a death-knell.

Here's a deep-dive into the impact of the coronavirus on tourism and its affiliated industries - and what ought to be done to mitigate the damage.

Voted by:
Voted by ctransfin

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>