The tourism of a country manifests its heritage and socio-cultural identity. By creating jobs and a source of foreign exchange, tourism affects the economy of any country. It is also responsible for the regional development of places having scope for tourism.

1. HOW DOES
TOURISM HELP
THE INDIAN
ECONOMY?
M AH ESH M ATTA SANDA
WELLNESS

2. ABOUT US
Mahesh Matta is not just a lawyer but a company in himself. He has
done his Master’s in business law from the Indian Law Institute,
Delhi. He serves people through this website. Any legal problem
related to business can be handled by him. He is a professional
with years of experience in this field. He also has an experienced
team of employees who work under him to solve legal issues of
various business firms.
The Mahesh Matta company has been working hard for the
last ten years to be where it is today. It is one of the high-ranking
companies in India in the field of law. This law firm also gives
opportunities to youngsters to work as interns and to learn from
Mahesh Matta himself by working with him on projects.
The main concern of our company is the satisfaction of our
customers with our services. Our law firm has handled many
famous legal cases of some top business companies. We are here to
keep your business runningsmoothly.

3. The Mahesh Matta company has been working in the field of law for the
last 10 years. It has tackled many famous legal cases of India. Our company
is not afraid of legal controversies, it rather faces them with confidence.
The employees of our company are highly qualified professionals with
years of experience and practical knowledge.
Our firm has worked with some of the very famous business firms
of India like Reliance Industries, Infosys, Kotak Mahindra Bank, Tata
Consultancy Services, Indian Oil Corporation, Housing Development
Finance Corporation Limited (HDFC), State Bank of India, etc. We have a
record of winning all the cases that we take into our hands.
At a very reasonable price, we have been serving the business
firms of India. Our company also helps to solve the legal issues of
underprivileged people free of cost. We have a whole team of people who
work only for these people. We also believe in social service. Every year we
organize charity events for differentsocial causes.
We would be happy to serve you anytime anywhere as a place is
not a barrier for us in India. We are looking forward to working with you.
OUR
ACHIEVEMENTS IN
THE LAST 10 YEARS
ALOOKINTO THE PAST

4. Introduction
The tourism of a country manifests its heritage and socio-cultural identity. By
creating jobs and a source of foreign exchange, tourism affects the economy of any
country. It is also responsible for the regional development of places having scope
for tourism. For developing countries like India tourism plays a big part in their
economy as it can increase the GDP. With government aid, Indian tourism can be
established in the global market. The diverse geography of India attracts both
foreign and domestic tourists which contributes to the economic growth of India.
The website of Mahesh Matta Sanda Wellness incorporates more such topics related
to business andeconomy.

5. IMPORTANCE OF TOURISM
IN THE INDIAN ECONOMY
India got the 34th rank in tourism out of 140 countries
in the Travel and Tourism Competitiveness report in
2019.
Tourism generated 9.2% which is 16.91 lakh crore
rupees of India’s GDPand 8.1% of the total employment
which is 42.673 million jobs in 2018.
In 2014 IBEF predicted that the market size of the
tourism and hospitality division will increase from US$
122.1 billion in 2013to US$418.9 billion in 2022.
According to IBEF (2015) revenues worth US$ 400-500
million are generated annually by the hotel industry.
India has a good rank in air transport infrastructure,
reasonable ground and port infrastructure, natural
resources, and businesstravel.

6. The foreign exchange earnings from tourism increased to US$ 30,058 in 2019
from US$ 28,586 in 2018.
The total number of foreign visitors from the top ten source countries in 2019
was 7,330,325.
As of August 2019, UNESCO (United Nations Educational, Scientific, and
Cultural Organization) India has 38 World Heritage Sites. These areimportant
places of culture and heritage.
In 2015, makeinindia stated that the third-largest source of foreign exchange
in India was the tourism and hospitality sector.

7. Key Takeaways
Tourism plays a big part in the Indian economy as it is responsible for the growth of GDP.
India holds the 34th rank in tourism out of 140 countries.
In 2018 the GDP from tourism was 9.2% and tourism created 8.1% of the total employment of the year.
The market size of tourism in India is predicted to increase up to US$ 418.9 billion in 2022 from US$
122.1 billion in 2013.
The hotel industry generates revenues worth US$ 400-500 million per year.
The rank of India in air transport infrastructure, reasonable ground and port infrastructure, natural
resources, and business travel is commendable.
There has been an increase in foreign exchange earnings from tourism in 2019 than in 2018.
UNESCO has recognized 38 World Heritage Sites in India.
Tourism and hospitality are the third-largest sources of foreign exchange in India.