India has moved up six places to rank 34th from the 40th place on world travel and tourism competitiveness index (TTCI), according to the World Economic Forum (WEF) report.
The report states that India had the greatest improvement over 2017 among the top 25 percent of all countries ranked in the report. In 2015, India had been ranked at 52nd and at 40th in 2017. India showed the greatest percentage improvement to its overall TTCI score, which has helped it become the only lower-middle-income country in the top 35, it says.
The report further states that Thailand, Brazil, and India—which are not high-income economies but rank in the top 35 on the TTCI—stand out in this quartile through their combination of the rich natural and cultural resources and strong price competitiveness.
According to the report, aside from the aforementioned high ranking of its natural and cultural assets and price competitiveness, India also greatly improved its business environment (89th to 39th), overall T&T policy and enabling conditions (79th to 69th), infrastructure (58th to 55th) and ICT readiness (112th to 105th). Of all the other quartiles, the top 25% was the only one to improve its average performance on the Business Environment pillar, with India, China (92nd to 53rd), and the United States (16th to 4th) showing the greatest percentage increases.