India’s rising middle class set to drive global leisure travel spending to $15 trillion by 2040: BCG report

With India’s rising middle class and younger Indian travellers, the country is poised to reshape the global leisure travel industry. According to a new report by Boston Consulting Group (BCG), global leisure travel spending is projected to triple from $5 trillion in 2024 to $15 trillion by 2040, driven by emerging markets like India and China.

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