Exclusively released World Economic Forum report has announced the upsurge in the position of India. The jump of 6 ranks has brought India to 34th position from 40th in the Travel and tourism competitiveness index.
India Jump to 18 position up in last 4 years, Only Middle-Income Country In Top 35.
What this Travel and Tourism Competitiveness Index is?
The Travel and Tourism Competitive Index is calculated by a number of factors which make a country attractive and sustainable, resources of the country, foreign policies, the attractiveness of the place and many other. Overall 140 economies of the world collectively form the TTCI.
All about India:
India has consistently improved its position in the WEF report and the credit goes to the Ministry of Tourism which works tirelessly to grow the respective sector. In 2013, India was at 65th place and later jumped to 52nd position in the year 2015. Likewise, in 2017 the position changed to 40th and that was a commendable rise. And, the global competitiveness index 2019 has ranked India in the 34th place.
As per the report “India, which accounts for the majority of South Asia’s travel and tourism (T&T) GDP, remains the subregion’s most competitive T&T economy, moving up six places to rank thirty-fourth globally, India showed the greatest percentage improvement to its overall Travel & Tourism Competitiveness Index (TTCI) score, which has helped it become the only lower-middle-income country in the top 35.”
In continues with “From a sub-regional perspective, the nation has better air (33 ranks) and ground and port infrastructure (28 ranks), international openness (51 ranks) and natural (14 rank) and cultural resources (ranked at 8) compared to global benchmarks, the country can also add price competitiveness (13 rank) to its roster of strengths.”
India has made a noticeable improvement among all competitors and this is evident through the significant surge in the position. Also, India has become the most traveled country in the South Asia region and thus becoming the most competitive T&T economy.
The countries that have performed well in the field of Cultural Resources and Business Travel Pillar are China, Mexico, Malaysia, Thailand, Brazil, and India. All these country are rich in natural as well as cultural resources and hold a big share of T&T industry in their economies.
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On the other hand, Pakistan: the neighbor country of India, has scored 134th position among all 140 countries due to scarcity of security and safety of tourists.
There are different sub-indexes that determine the global competitiveness index India and other competitors, namely Travel and tourism policy and enabling conditions, enabling environment, infrastructure, and natural and cultural resources. As per the report “India has improved air infrastructure which is ranked 33rd; group and port infrastructure are ranked at 28th; international openness ranked at 51st; natural resources ranked at 14th, and cultural resources ranked at 8th place.”
So, the areas which need attention and have a scope of improvement in Indian tourism are Tourist service infrastructure and environmental sustainability. So, working on them can bring India into the category of Top 20 countries in travel and tourism competitiveness report.
Prime Minister Narendra Modi gave special attention to India’s tourism sector in his Independence Day speech on August 15th and motivate Indians to travel at least 15 tourist spots across India by 2022.
Other countries than India, those have performed really good in the competitive index by WEF and scored top ten positions are: Spain, France, Germany, Japan, United States, United Kingdom, Australia, Italy, Canada, and Switzerland respectively.