India’s Outbound Travel Market Reaches $18 Billion in 2024

India’s outbound tourism market has experienced significant growth, reaching $18 billion in 2024, with a projected compound annual growth rate (CAGR) of over 11%. This surge is attributed to rising incomes, increased air connectivity, and a growing middle-class population seeking international travel experiences. Destinations such as the United States, Southeast Asia, and the Middle East have seen a notable increase in Indian visitors. Travel companies are adapting to this trend by offering tailored packages and services to cater to the preferences of Indian travelers. ​