The India business travel market size will reach US $59.5 billion by 2028, IMARC Group has said in its recently-released report. “The business travel market in India is primarily accelerated by the rapid globalization and digitization in the tourism industry and the increasing adoption of advanced technology in travel management processes. This is further supported by the declining airfares due to the introduction of new airlines. Additionally, stable economic growth in the country has created several opportunities for corporates to establish offices in the country, which is creating a positive outlook for the market,” the report stated.
