India’s Hospitality Sector Faces Demand-Supply Gap Despite Rising Tourism
India’s Tourism Sector on Track to Cross $59 Billion by 2028: Capitalmind PMS Report Rapid Growth in India’s Tourism Industry India’s tourism sector is witnessing a significant growth surge, with projections suggesting that it will generate over ₹5,12,356 crore (USD 59 billion) by 2028 , according to a new report released by Capitalmind PMS . This expansion is being driven by rising disposable incomes, better connectivity, and large-scale infrastructure development across the country.