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Travel and Tourism Sector Stocks in India

Some of us are working day in and day out to build a good career, while many of us are drowning in heaps of professional studies, and or are tirelessly working as a homemaker. One thing is pretty obvious...we get bored with the routine of life.

The thing that we want is a break! A vacation of some sort!

In fact, because of this undeniable feeling, the travel and support services industry will keep flourishing. People will always want to travel, and hence they will always want travel and support services in India.

India is a geographically blessed country. Hence, it has always remained a traveller’s favourite spot.

Both the abovementioned reasons have boosted the performance of the travel and support services sector. This, in turn, has generated good returns for the investors of travel and support services in India.

According to IBEF, India's tourism sector is anticipated to grow at 6.7% by 2029, and international tourists are expected to reach 30.5 m by 2028.

The government has also acknowledged the potential of this industry. It has taken various steps like developing travel spots, developing roads for ease of travel, developing airports, etc. to boost travel and support services.

All this shows a ray of hope for what people considered a deteriorating industry.

Thus, an investor must have at least one or two fundamentally strong stocks from travel and support services on his watchlist to make the most of this evergreen industry.

Though the prospects look bright for the entire industry, one should be wary of the possibility that can change the situation overnight.

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