FAITH eyes 100M tourism jobs, $3T contribution by 2047 — but FTAs still 16% below 2019

Industry body FAITH projects Indian tourism can add 100 million jobs and contribute $3 trillion annually by 2047, up from 45M jobs and $250B today. Chairman Puneet Chhatwal flags weak inbound recovery — FTAs at 9.15M in 2025, down 16.3% vs 2019 — and pushes for 50 integrated tourist ecosystems.

— Filed Wed, 24 Jun, 2026, 01:29 IST · Source ET Small Business · Updated

FAITH projects Indian tourism and hospitality will add 100 million jobs by 2047, contributing $3 trillion annually. Chairman Puneet Chhatwal urges stronger international marketing as foreign tourist arrivals dropped 16.3% versus 2019, calling for 50 integrated tourist ecosystems.

Why this matters

FAITH, the apex industry body for Indian tourism, sets a 2047 vision tied to India's centenary, while underscoring that foreign arrivals have not yet recovered to pre-pandemic baselines.

Retail-company signals steady at 3,583 over the last 90 days.