According to India Outbound Tourism Market Report 2023, business travel will expand in line with commercial interests, with the meetings, incentives, conferences and exhibitions segment (M!CE) offering the greatest prospects. “The next generation of Indian travellers will be younger, more gender-specific and less likely to travel in multigenerational family groups. By 2031, an estimated 50 million Indians will travel overseas. Rising personal income levels and greater accessibility will enable international travel for a greater proportion of India’s population. In addition, affluent Indian travelers will seek first-class, personalized experiences that exude cachet,” the report said.
