Best Travel Stocks in India

India's travel and tourism industry is the largest service sector, offering heritage, cultural, medical, business, and sports tourism experiences. This sector aims to promote tourism and make India a top destination for travellers. By offering new and diverse tourism experiences, it also wants to create more jobs and boost the economy.

Travel Industry in India 

India is a leading country in international tourism spending, and its travel and tourism industry is one of the largest, contributing approximately US$178 billion to the country's GDP. India offers specialized tourism experiences such as cruises, adventure, medical, MICE (Meetings, Incentives, Conferences, and Exhibitions), film, wellness, sports, rural, eco-tourism, and religious tourism.

Tourism significantly contributes to the Make in India initiative by creating jobs and driving economic progress. It also leads to the development of top-notch hotels, resorts, fine dining establishments, efficient transportation systems, and cutting-edge healthcare facilities. The travel market in India is expected to reach US$125 billion by 2027, with international tourist arrivals projected to reach 30.5 million by 2028.

Top Travel Stocks in India in 2024 as per Market Capitalisation

• IRCTC
• EaseMyTrip
• Thomas Cook India
• Yatra Online Limited