|Travel & Tourism
As per the Travel and Tourism Competitiveness Report 2009 by the World Economic Forum, India is ranked 11th in the Asia Pacific region and 62nd overall, moving up three places on the list of the world's attractive destinations. Combining unparalleled growth prospects and unlimited business potential, the industry is certainly on the foyer towards being a key player in the nation's changing face. Furthermore, banking on the government’s initiative of upgrading and expanding the country’s infrastructure like airports, national highways etc, the tourism and hospitality industry is bound to get a bounce in its growth.
The hotel and tourism industry’s contribution to the Indian economy by way of foreign direct investments inflows were pegged at US$ 2.1 billion from April 2000 to March 2010, according to the Department of Industrial Policy and Promotion.
India has become a destination for a lot of worlds leisure and business travel which has boosted travel and hospitality industry tremendously. Many international conferences are being held in India and now with Commonwealth games being hosted this year in India the industry expects to see an all time high.
Similarly Canada has also been working towards building Canada Tourism brand through its national tourism marketing organization, The Canadian Tourism Commission, which is present in 12 countries including India. This in turns works in collaboration with the tourism industry, government of Canada, the provinces and territories, to position Canada as a destination to travel.
Canada also believes that tourism is an increasingly important industry that supports small businesses and provides employment to Canadians across the country. The policies and programs of many federal departments and agencies have an impact on the tourism industry.
Canada ranks 13th globally in the world international receipts.