Released on: October 3, 2008, 11:52 pm

Press Release Author: Shushmul Maheshwari

Industry: Industrial

Press Release Summary: Rising popularity of Indian medical tourism owing to low cost
and quality treatment and hosting of 2010 Commonwealth Games are bolstering the
position of the Indian tourism industry globally.

Press Release Body: India is fast rising as one of the most favored tourist
destinations all over the world, with 10 Million international tourists are
projected to visit the country by 2012 against 5 Million in 2007. This forms the
basis of our new research report “Indian Tourism Industry Analysis”.

According to our research, medical tourism plays a crucial role in the Indian
tourism industry. India is fast emerging as an attractive medical tourism
destination due to its world-class hospitals offering medicare facilities at
affordable prices and its well-established reputation in traditional healthcare
systems such as Ayurveda. So the country is grabbing the attention of foreign
patients with its cost saving treatments without compromising on the quality of
service, fuelling growth in the overall market. Thus, the overall market for medical
tourism is expected to grow at a CAGR of nearly 60.7%, with the maximum growth
expected to be recorded in the year 2010.

The Indian tourism industry will benefit from the fact that the country is making
its place as a favorite business destination. Moreover, hosting of 2010 Commonwealth
Games will further raise the number of tourist arrivals significantly in coming
years. This will open up vast growth opportunities for the tourism industry as well
as other related industries, including aviation, hospitality and transportation.

Thus, the Indian tourism industry has the strong potential to drive growth in other
industries through forward and backward linkages and can generate huge foreign
currency for the country.

“Indian Tourism Industry Analysis” is a comprehensive report giving an insight into
the tourism sector of India. It thoroughly studies past, current and future scenario
of the industry and also highlights the key factors that are making India an
attractive tourist destination. This report also evaluates some important parameters
of the Indian tourism industry, including inbound and outbound tourism, spending by
inbound tourists, medical tourism, and performance and potential of the hotel
industry to enable clients identify the key growth areas.

Our research report also provides forecast on international tourist arrivals,
international tourist arrivals by region, and expenditure by international and
outbound tourists.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today's globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM115.htm
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