The tourism sector has the potential to resolve 50 per cent of the country's employment challenges with the right government support, Lemon Tree Hotels Chairman and Managing Director Patanjali Govind Keswani said on Saturday.
Delivering his address at the first National Conclave on India 2047, organised by IIM Calcutta, he said India's tourism sector is on the verge of hitting the inflexion point.
Keswani pointed out that several countries have seen that the tourism sector contributes as much as 15-20 per cent to their GDP and account for 25 per cent of employment.
Expressing disappointment over the government's approach towards the tourism sector, he said, "In India, tourism contributes only 6.5 per cent to GDP and a similar share in employment. This sector holds enormous potential for creating jobs."
"If the government can leverage this opportunity effectively, it could address up to 50 per cent of our employment challenges," he said.
Discussing India's current economic landscap
