FAITH eyes 100M tourism jobs, $3T contribution by 2047 — but FTAs still 16% below 2019

Industry body FAITH projects Indian tourism can add 100 million jobs and contribute $3 trillion annually by 2047, up from 45M jobs and $250B today. Chairman Puneet Chhatwal flags weak inbound recovery — FTAs at 9.15M in 2025, down 16.3% vs 2019 — and pushes for 50 integrated tourist ecosystems.

— Source publishedWed, 24 Jun, 2026, 01:20 IST·First seen Wed, 24 Jun, 2026, 01:28 IST·Source ET Small Business

What happened

FAITH projects Indian tourism and hospitality will add 100 million jobs by 2047, contributing $3 trillion annually. Chairman Puneet Chhatwal urges stronger

Key facts

  • 100 million jobs by 2047
  • 45 million current jobs
  • $3 trillion economy contribution by 2047
  • $250 billion in 2025
  • $450 billion forex by 2047
  • FTAs 9.15 million in 2025
  • -16.3% vs 2019

Why this matters

Track the 50 integrated tourist ecosystem agenda for land, asset, and JV M&A entry points before competitors anchor positions.