Wednesday, July 3, 2024

NLB Services Forecasts Travel and Tourism Sector to Create 5.82 Crore Jobs in India by 2033

Published

Advertisement

With a continued growth momentum, the travel and tourism sector is all set to add 5.82 crore jobs across the country by 2033, a top executive of global technology and digital talent solutions provider NLB Services said on Monday. “The growing synergy of the sector has led to steadfast employment generation across the country both in tier I and II locations. In the pandemic year 2020, the tourism sector accounted for 39 million jobs, constituting 8 per cent of the nation’s total workforce. Post the pandemic recovery tenure, this was one of the sectors that saw the quickest recovery,” NLB Services CEO Sachin Alug said in a statement.

Incidentally, talent demand in tourism recorded a 44 per cent spike in August 2023, and 1.6 million additional jobs were expected to be added in the calendar year 2023, he said.

Story continues below advertisement

With the continued growth momentum, the travel and tourism sector is all set to add 58.2 million jobs by 2033, throughout the country, he added.

Serving as a crucial source of foreign exchange, travel, and tourism contributed Rs 15.9 lakh crore (USD 191.25 billion) to India’s economy in 2022 and was estimated at Rs 16.5 lakh crore for 2023, he noted.

Story continues below advertisement

From the city perspective, Alug said, the top five states attracting domestic tourists so far include Uttar Pradesh, Tamil Nadu, Andhra Pradesh, Karnataka, and Maharashtra.

Top cities driving the increase in hiring in the sector include Delhi NCR, Mumbai, Bengaluru, Pune, and Kochi, he said adding that in tier II cities, Jaipur, Ahmedabad, and Chandigarh, he stated.

Alug said the prominent job profiles that will continue to be in demand experiencing year-on-year surges include sales (18 per cent), business development (17 per cent), chefs (15 per cent), travel consultants (15 per cent), tour operators (15 per cent), travel agents (15 per cent), hoteliers guides (20 per cent), wildlife experts (12 per cent), and transportation providers (15 per cent), among others.

Story continues below advertisement

He said the travel and tourism sector is also undergoing transformation, with many new subsets like destination wedding travel, religious tourism, international tourism, adventure sports tourism, ecotourism, cultural tourism, and rural tourism emerging in the new decade.

Another interesting emergence is that of sustainable tourism which has observed substantial global adoption, with a market value reaching USD 180 billion.

He further stated that companies are adopting the gig model to address talent shortages and meet the growing demand in the sector.

Since January 2023, there has been a 14 per cent increase in gig roles within the travel and tourism sector, encompassing positions such as translators, photographers, and tour guides and this is further expected to increase by 18-20 per cent in the next 2 years, Alug added.

For more breaking news and live news updates. Read more on Bharat Scope.

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Advertisement

TOP NEWS

Security Personnel Avert Major Accident as Bus Carrying Amarnath Pilgrims Loses Control in Ramban District

Ramban: A potential disaster was averted by security personnel after a bus carrying Amarnath Yatra...

Stampede at Religious Event in UP Hathras: 116 Dead, Self-Styled Guru Bhole Baba Missing

Hathras, Uttar Pradesh, July 2, 2024: At least 116 people lost their lives in...

‘India Was In Despair Before 2014’: PM Modi Criticizes Opposition Amid Ruckus in Lok Sabha (Video)

Amid vociferous protest by INDIA bloc MPs, Prime Minister Narendra Modi while replying to...

India Recorded 536 Heatwave Days This Summer, Highest in 14 Years

New Delhi: India experienced a staggering 536 heatwave days this summer, the highest in the...

More like this

India beat South Africa in T20 World Cup by 7 Runs

India beat South Africa in T20  by 7 Runs T20 World Cup final, Barbados India 176-7...

PM Modi’s monthly radio broadcast ‘Mann Ki Baat’ focus on Women Empowerment and International Yoga Day

PM Modi’s monthly radio broadcast ‘Mann Ki Baat’ to resume today post Lok Sabha...

Mobile science labs will start from four districts of Uttarakhand, instructions for regular monitoring of the project

Dehradun: 26 June 2024 The project named “Labs on Wheels” will be operated in all...
Advertisement