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Service Marketing

This document discusses different aspects of travel, tourism, and related industries in India. It provides statistics on inbound and outbound tourism in India. It also shares figures on domestic tourism in various Indian states. The document also discusses the growth of the IT services industry in India. Specifically, it notes that the software industry has grown from $100 million to $8.26 billion from 1992 to 2001. Additionally, it shares that healthcare, financial services, and telecom services are also experiencing significant growth in India.

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93 views6 pages

Service Marketing

This document discusses different aspects of travel, tourism, and related industries in India. It provides statistics on inbound and outbound tourism in India. It also shares figures on domestic tourism in various Indian states. The document also discusses the growth of the IT services industry in India. Specifically, it notes that the software industry has grown from $100 million to $8.26 billion from 1992 to 2001. Additionally, it shares that healthcare, financial services, and telecom services are also experiencing significant growth in India.

Uploaded by

mithleshsngh135
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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TRAVEL AND TOURISM

TOURISM

INBOUND OUTBOUND DOMESTIC


TOURISM TOURISM TOURISM

INBOUND TOURISM
India is visited by a huge number of tourists from all over the world and
every year a change in the figure is recorded-

Foreign Tourists In India (Number)

  2001 2002 2003 2004 2005 2006 2007 2008

January 283750 228150 274215 337345 385977 459489 532088 584765

February 262306 227529 262692 331697 369844 439090 498806 560658

March 248965 225558 218473 293185 352094 391009 444186 509926

April 185338 155378 160941 223884 248416 309208 333945 369677

May 151098 132998 141508 185502 225394 255008 267758 290785

June 176716 143100 176324 223122 246970 278370 310104 344526

July 224432 186432 225359 272456 307870 337332 377474 -

August 196517 161477 204940 253301 273856 304387 360089 -

Septembe
162326 151721 191339 226773 257184 297891 325893 -
r

October 181605 212191 260569 307447 347757 391399 440715 -

November 209685 243566 290583 385238 423837 442413 510987 -


December - - 319271 417527 479411 541571 575148 -

228273 207302 272621 345747 391861 444716 497719


Total 2660337
8 5 4 7 0 7 3

OUTBOUND TOURISM

Statistics of Indian National Going Abroad

No of Outbound Percentage Change over the


Year
Indians previos year

200
4415513 7.3
0

200
4564477 3.4
1

200
4940244 8.2
2

200
5350896 8.3
3

200
6212809 16.1
4

200
7184501 15.6
5

200
8339614 16.1
6

DOMESTIC TOURISM

STATES 2005 2006

KERALA 5946423 6271724


GOA 1965343 6271724
DELHI 2061782 2237130
RAJASTHAN 18787298 23483287
TAMIL NADU 43213228 58340008
GUJARAT 9457486 11936957
ANDHRA PRADESH 93529554 111715376
UTTAR PRADESH 95440947 105549478
J&K 7239481 7646274
HP 6936840 7671902
ORISSA 4632976 5239896
KARNATAKA 30470316 36195907
MP 7090952 11062640
MAHARASTHRA 14329667 16880348

IT SERVICES
With a compounded annual growth rate of more than 50% between
1992 and 2001, the Indian software sector has expanded almost twice.
India’s software industry statistics illustrate the massive strides
achieved by this sector and the opportunities the future holds.
According to NASSCOM’s estimates for the fiscal year 2000-01, the
country’s software industry is worth $8.26 billion, up from $100 million
ten years ago.

India is becoming the off-shore software development out-sourcer’s


destination of choice. According to the NASSCOM-McKinsey study, the
Indian software industry is expected to gross US$50 billion in exports in
2008! This is based on an average growth rate of 35 percent per year.
While the industry has been growing at above average growth rates,
software development activity is not confined to a few cities in India.
Software development hotspots, such as Bangalore, Hyderabad,
Mumbai, Pune, Chennai, Calcutta, Delhi-Noida-Gurgaon belt, Vadodara,
Bhubaneswar, Ahmedabad, Goa, Chandigarh, Trivandrum are all
developing quickly. They boast state-of-the-art software facilities and
the presence of a large number of overseas vendors. A large part of
India’s success in the software sector is due to the crucial role played by
the State of Karnataka in promoting and providing a boost to IT.
Karnataka has emerged as the computer capital and center of high-tech
industries, especially software. Bangalore has for long been known as
India’s answer to Silicon Valley, and this is the city where most large
software companies have set up shop and operate out of state-of-the-art
facilities.

HEALTH CARE SERVICES


All sectors in India are undergoing a change from unorganized to an
organized structure and so is also seen in healthcare. Till few years ago
healthcare delivery was sole responsibility of Private practitioners and
Doctor owned and run hospitals. Since it was also considered only as a
social sector so almost all the large hospitals were either Government or
charitable hospitals. A US$ 36 billion industry today and growing at
15% CAGR, the Indian healthcare industry will be a US$ 280 billion by
2022.

Factors for the “Healthcare Boom” in India


 Strong Indian Economy
 Increasing options for Healthcare Financing
 Increasing Opportunities in Healthcare delivery
 Better Profitability (15-20% EBIDTA)
 Earlier Break Even (2-3 years)
 Medical Tourism
 Increasing demand from within the county
 Saturation of other sectors like IT, retail.
India is predicted to cross United States by 2050. Indian Economy
experienced a GDP growth of 9.0 percent during 2005-06 to 9.4
percent during 2006-07. By 2025 the India's economy is projected to
be about 60 per cent the size of the US economy.

FINANCIAL SERVICES
The Indian economy is estimated to have grown by 6.7 per cent in
2008-09. According to the latest Central Statistical Organization
(CSO) data, financial services and real estate sector rose by 9.5 per
cent in the first quarter of 2009-10. The country received US$ 45
billion in foreign currency remittances from non-resident Indians in
2008, the highest in the world. Foreign institutional investors' (FIIs)
net investments in Indian equities crossed US$ 8 billion in calendar
year 2009. The mutual fund industry has seen an 8.7 per cent
increase in the asset base for the month of August 2009, against an
increase of 2.8 per cent in July 2009.

TELECOM SERVICES
Telecom reforms in India, focused on privatization, deregulation and
competition, have helped boost telecommunication adoption and
increase participation from the private sector.

During the fiscal years of 2003/2004 and 2006/2007, the Indian


economy enjoyed an average growth rate of 8.8 percent. In the
2006/07 period, the analyst said, the country saw the growth rate hit
9.6 percent--India's highest economic expansion in 18 years. BSNL
will also invest US$125.6 million over the next year to build up its
rural telecom infrastructure in West Bengal,Reliance Communication
has also committed US$5.7 billion as capital investment for the fiscal
year, ending March 2009, while Idea Cellular will spend some US$2.4
billion in the same period. Maxis Communications-owned mobile
service provider Aircel is planning to invest close to US$5 billion in
India over the next four years, on network enhancement and
expansion.

BIBLIOGRAPHY

 Source:- http://www.indianhealthcare.in/index.php?
option=com_content&view=article&catid=131&id=168&start=2

http://www.ibef.org/industry/financialservices.aspx

http://www.itopc.org/travel-requisite/domestic-tourism-statistics.html

http://www.businessweek.com/adsections/indian/infotech/2001/silicon.htm
l

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