India's travel and tourism industry is expected to see a strong, double-digit growth in the coming years, with both domestic and outbound travel continuing to expand, Rajesh Magow, co-founder and group CEO of online travel agency MakeMyTrip said.
Aviation growth could slow amid supply issues, better roads: MakeMyTrip's Magow
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Jan-29
Travel
Left Variant
Score: 0.20
In the face of escalating climate change, the anticipated double-digit growth in India's travel and tourism industry, fueled by both domestic and outbound trips, could be undercut by supply issues and improved ground transportation infrastructure. Rajesh Magow, co-founder and group CEO of MakeMyTrip, underscores the urgent need for sustainable travel alternatives amid the unbridled expansion of air travel, highlighting the potential environmental fallout and calling for enhanced investments in eco-friendly transportation solutions.
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Aviation Expansion Vital for Economic Prosperity Despite Minor Supply Snags, Says MakeMyTrip’s Magow
7
Jan-29
Travel
Right Variant
Score: 0.80
The surge in India's travel and tourism industry, projected to continue its robust, double-digit growth trajectory in the years ahead, is a testament to the sector's unwavering resilience and its pivotal role in bolstering the national economy. Rajesh Magow, co-founder and group CEO of MakeMyTrip, asserts that despite transient supply chain issues and the development of better roadways, the expansion of the aviation sector remains indispensable for fostering economic development, job creation, and global competitiveness.
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