White Paper: Business Travel in India

THE TRAVEL AND TOURISM INDUSTRY

Comprising business and leisure segments was a USD 7.2 trillion market globally in 2015, dominated by leisure spends. Global business travel spends are highly skewed with the Top 15 countries accounting for 82 per cent of the travel spends. In terms of users, financial services and pharmaceutical sectors dominate with a combined share of 28 per cent.

India the tenth largest business

Travel market with spends of USD 29.6 billion (INR 1,926 billion) in 2015 and will be the fastest growing market in the world led by favorable political, economic and demographic factors.

 

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