With turnover of USD7.9 billion, India accounts for 3.2% of the Asia Pacific total in 2023. The industry’s profitability increases and stands at 12.6% of turnover in 2023, the 19th highest regionally. The costs of the industry decrease by 1.9% in 2023, largely driven by declining B2B costs. The total number of companies increases in 2023, to 221,615 units. The industry is fragmented, with the top five companies generating 24.5% of total production value in 2023. ITC Ltd is the largest company in India, generating 12.0% of the industry’s total turnover value in 2023. B2B drives market demand, with B2B spending representing 79.9% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in India: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in India: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
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