India improves travel, tourism industry competitiveness rank
According to the fifth Travel & Tourism Competitiveness Report by WEF, India has been ranked in the 11th place in the region and 65th verall, aining three positions since the last edition.
"As with China, India is well assessed or its natural resources (ranked 9th) and cultural resources (24th), with many atural and cultural World Heritage sites, rich fauna, many fairs and exhibitions, and strong reative industries," the report said.
Among the other emerging market economies, owever, India was ranked below its peers, as Brazil was placed in the 51th position, ussia 63rd and China enjoyed a rank as high as 45.
"India also has quite good air ransport (ranked 39th), particularly given the country's stage of development, and reasonable ground transport infrastructure (ranked 42nd), although the quality of oads and of ports require further improvement," the report said.
The WEF report oted India is also a relatively price competitive destination (20th), even in the egional ontext. The report however, said that some aspects of its tourism infrastructure emain somewhat underdeveloped, with very few hotel rooms per capita by nternational comparison and low ATM penetration.
Another area of concern is the olicy environment, which is ranked 125th because of the long time and high cost required to start a business and a restrictive
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