News > India’s travel industry may not overtake China soon but there are still ‘massive’ opportunities

India’s travel industry may not overtake China soon but there are still ‘massive’ opportunities

25/03/2023 08:58 AM | Click to read full article

Travel demand to and from India is expected to grow as the country’s middle class expands and more residents travel abroad for the first time, but “don’t expect India to be a bigger outbound market than China anytime soon”, experts say. Although India has the world’s third largest aviation market, “China’s total fleet is almost five times the existing Indian fleet, for an almost equal population”. In addition, only 7.3% of India’s current population holds a passport.

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