India Ranks 39th in World Economic Forum’s Travel & Tourism Development Index 2024

India Ranks 39th in World Economic Forum’s Travel & Tourism Development Index 2024

India ranked 39th in the World Economic Forum’s Travel & Tourism Development Index 2024. It marks a significant improvement from its 54th position in the 2021 index. However, changes in index parameters since 2021 make direct comparisons challenging.

Top Countries

  • The United States tops the list, followed by Spain, Japan, France, Australia, Germany, the United Kingdom, China, Italy, and Switzerland.

Factors Contributing to India’s Ranking

  • India’s rich cultural heritage, diverse landscapes, increased investments in tourism infrastructure, and efforts to enhance travel and tourism sustainability and safety contribute to its rise.
  • It ranks highly for price competitiveness (18th rank), Air Transport (26th rank), and Ground and Port infrastructure (25th rank).
  • India is one of only three countries to score in the top 10 across all resource pillars, including Natural Resources (6th rank), Cultural Resources (9th rank), and Non-Leisure Resources (9th rank).

Sustainability and Challenges

  • Despite a decline compared to 2019, India still performs well in travel and tourism demand sustainability.
  • The overall Travel and Tourism Development Index (TTDI) score is 2.1% lower than in 2019, attributed to global inflation and supply issues.
  • Decline in price competition and air transport, and tourist services not fully recovering to 2019 levels are observed.

Future Outlook

  • With COVID-19 travel restrictions lifted and renewed enthusiasm for travel, international tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected to return to pre-pandemic levels this year.
  • This resurgence in international tourist arrivals is anticipated to provide a significant boost to the global travel and tourism industry.

Multiple Choice Questions (MCQs) with Answers:

  1. What is India’s rank in the World Economic Forum’s Travel & Tourism Development Index 2024?
    • A) 39th
    • B) 54th
    • C) 10th
    • D) 1st
    • Answer: A) 39th
  2. Which country tops the list in the Travel & Tourism Development Index 2024?
    • A) India
    • B) United States
    • C) China
    • D) Spain
    • Answer: B) United States
  3. What contributes to India’s rise in the Travel & Tourism Development Index?
    • A) Lack of cultural heritage
    • B) Limited investments in tourism infrastructure
    • C) Price competitiveness and sustainability efforts
    • D) Decline in air transport services
    • Answer: C) Price competitiveness and sustainability efforts
  4. What is the primary reason for the decline in India’s overall Travel and Tourism Development Index (TTDI) score?
    • A) Global inflation and supply issues
    • B) Lack of demand for travel
    • C) Stronger competition from other countries
    • D) Increase in air transport fares
    • Answer: A) Global inflation and supply issues
  5. What is expected to drive a significant resurgence in international tourist arrivals according to the World Economic Forum?
    • A) Stricter travel restrictions
    • B) Decline in demand for travel
    • C) Renewed enthusiasm for travel
    • D) Decrease in global GDP
    • Answer: C) Renewed enthusiasm for travel