India's Potential as the Tourism Success Story of the Next 40 Years
25.08.2023 - 14:15
/ skift.com
/ Peden Doma Bhutia
/ Varsha Arora
/ Rafat Ali
/ Seth Borko
India is projected to surpass China as the world’s most populous country later this year, as China begins to decline and India’s population growth shows no sign of slowing until 2064. That shift carries huge implications for travel across the globe, and has the potential to rewire the race for attracting global tourists around the world. Skift addressed this in its Megatrends 2023 package in the story India Becoming the New China in the Reordering of Asia Travel.
For this episode of the Skift Travel Podcast, Skift Founder and CEO Rafat Ali is joined by Senior Research Analyst Varsha Arora and Asia Editor Peden Doma Bhutia, in a focused discussion on India’s growth, the demographic and economic challenges before India could become as big a force as Chinese outbound travelers have become, what changes have come in the domestic tourism market during and post-covid, and what the global tourism community looking to attract Indian travelers has to keep in mind.
This podcast builds off the discussion Ali and Senior Research Analyst Seth Borko had at the Skift Megatrends event earlier this month about the seminal moment of demographic switch about to happen this year, where India will become the world’s most populous nation overtaking China, estimated some time this April.
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The oft-heard rhetoric that India is the next China may finally hold true for travel’s outbound industry as Chinese look at international travel more skeptically.
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