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The Indian tourism sector growing at an impressive rate and
now makes up 5.83% of the revenue. According to National
Council of Applied Economic Research (NCAER), the India
economy is now at USD 14 billion employing 8.27% of the
workforce or 38.6 million people. With these numbers, India
ranks 8th in the world in terms of earnings and 3rd in terms
of employment. In 2005, 4 million people traveled to India
and 2006 is expected to see 5 million and 6.2 million
Indians traveled out of India. By 2010, the number of
tourists leaving the country is expected to cross 15 million
making India second only to China. Domestic tourism also
grew from 309 million in 2003 to 368 million in 2004. Over
half a billion Indians are expected to travel within India.
More than half of those Indians are expected to be from
rural areas demonstrating that increasing disposable income
is being generated in rural India.
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