Paper Details

The hospitality industry is one of the fastest-growing sectors in India and plays a pivotal role in shaping the country’s economy. It encompasses hotels, restaurants, travel, and tourism-related services, contributing significantly to employment generation, foreign exchange earnings, and regional development. The sector acts as a catalyst for economic growth by promoting infrastructure development, supporting allied industries, and boosting domestic and international tourism. According to recent reports, the hospitality sector contributes a substantial share to India’s GDP and is projected to expand further due to rising disposable incomes, globalization, and government initiatives like Incredible India and Dekho Apna Desh. Additionally, it fosters cultural exchange and entrepreneurship while strengthening India’s global image as a preferred destination for business and leisure. This paper highlights the economic significance of the hospitality industry, its contribution to GDP, employment opportunities, and its role in sustainable development and inclusive growth.

Hospitality Industry, Indian Economy, GDP Contribution, Employment Generation