India’s tourism industry is booming! As we emerge from the pandemic, Indians are traveling like never before. The number of domestic trips is predicted to double from 2.3 billion in 2019 to 5 billion by 2030, with a significant increase in people making multiple trips per year.
India’s growing middle class, which accounts for 31% of the population, is driving consumption and growth in the tourism industry. With India expected to become a $5 trillion consumer economy by 2031, the potential for growth is enormous.
Tourism Nifty Index Fund offers a unique opportunity to capitalize on this growth.The fund comprises a diverse portfolio of companies in the travel and tourism sector, including hotels, airlines, airports, restaurants, tour operators and manufacturers of travel-related products.
Shalabh Gupta Vibhav, founder and owner of Vibhav Capital
Interesting facts:
25% increase in people taking three trips per year in 2023 compared to 2019
Searches for spiritual destinations have increased 90% in the past two years
Room availability up 8%, demand up 42%
Airlines expansion makes air travel more affordable
Why Invest in Tourism Nifty Index Fund?
A surge in travel frequency
The rise of the middle-income class
Aircraft expansion
Explore unknown territories
Government spending on infrastructure
Evolving trends in the food industry
Don’t miss this opportunity to capitalize on India’s tourism boom! Invest in Tourism Nifty Index Fund now and be part of the country’s growth story.
Note: This is a partnered post written by Shalab Gupta Bibhab, Founder & Owner, Bibhab Capital.
Note to readers
This is a partner post.
