The Future of Indian Outbound Travel: A Decade of Growth and Opportunity


Best Read
Travel
PUBLISHED September 29, 2024 | updated September 29, 2024 04:34

The Indian outbound travel market is set to undergo significant changes in the next decade. This transformation will be driven by the rapid expansion of the aviation industry, India's growing economic power, and a shift in traveler mindset. As new airports are being built across the country and airlines are placing large aircraft orders, India is emerging as a global tourism powerhouse. Given its proximity and appeal, the Maldives is well positioned to benefit from this growth by offering the kind of experiential travel that Indian tourists are increasingly seeking.

Aviation Growth and Infrastructure Boom 

India's aviation sector is on the brink of a golden era, with both established and new airlines growing in prominence. Currently, there are less than 800 aircraft for commercial passenger travel in India. Major players like Indigo and Air India have placed record orders for new aircraft to expand their fleets and meet the growing demand. For instance, Indigo alone ordered 500 new aircraft in 2023, while the re-energized Air India, now owned by the Tata Group, has ambitious plans to modernize its fleet with orders for 470 planes. This surge in aircraft capacity signals a future where air travel will become more affordable and accessible to a broader range of Indian consumers. It's estimated that India will need at least 2000 aircraft in the next 10 years.

In addition, India plans to construct over 100 new airports by 2030, focusing on tier 2 and 3 cities. These smaller urban centres, previously underserved by air connectivity, are now integrated into the national and global aviation networks. This expansion will enable residents of these smaller towns and cities, part of India's growing middle class, to easily travel internationally. Currently, only around 7% of Indians hold passports, but as connectivity improves, this number is expected to rise, leading to millions of new travellers venturing overseas for the first time. A projected increase of 7% would mean an additional 100 million travellers entering the holiday market in the next 10 years.

The Rise of the Experience-Seeking Indian Traveler

Indian travellers are no longer content with conventional vacations. The modern Indian tourist is increasingly an experience-seeker, seeking deeper cultural engagements, unique adventures, and personalized service. This shift reflects a more significant trend in global tourism but is particularly pronounced in India, where economic growth has led to a rise in disposable incomes and an appetite for luxury and curated experiences.

Destinations that offer more than just experience will attract this new generation of Indian tourists. Indians seek holidays that provide meaningful experiences, be it exploring exotic marine life while snorkelling, enjoying curated wellness retreats, or indulging in gourmet dining experiences. Their travel choices are increasingly influenced by social media, especially platforms like Instagram and YouTube, where influencers and fellow travellers showcase authentic experiences.

The Maldives: A Preferred Destination for Indian Tourists 

The Maldives has emerged as one of the top international destinations for Indian travellers thanks to its proximity, luxury offerings, and an image of exclusivity. With a flight time of just about 2-3 hours from most Indian metros, it is a perfect short-haul destination for weekend getaways or special occasion trips, such as honeymoons and family vacations. This appeal will only strengthen as India's aviation network expands, providing direct connectivity from new cities to the Maldives.

The Maldives is particularly well-positioned to cater to the experience-seeking Indian traveller. Its unique selling points, pristine beaches, rich marine life, luxurious resorts, and world-class wellness centres align perfectly with the desires of this growing market segment. As Indians seek more personalized and luxurious travel experiences, Maldives resorts can take advantage of this by offering tailored packages that appeal to Indian sensibilities, such as wellness retreats incorporating Ayurveda, water sports packages, and special family or wedding packages.

Additionally, the growing trend of workcations where professionals blend work with vacation offers another opportunity for the Maldives. Resorts could market themselves as perfect escapes for Indian entrepreneurs or professionals seeking a change of scenery while continuing to work remotely.

Strategies to Capitalize on the Indian Market 

For the Maldives to fully leverage the potential of the Indian outbound travel market, a multi-faceted strategy is needed. First, increasing direct flight routes from tier 2 and tier 3 cities to the Maldives will be essential. Collaborating with Indian airlines to establish these routes could unlock a new segment of travellers eager to experience the Maldives but previously limited by the inconvenience of connecting flights. As Maldivian Airlines is adding new flights to its fleet, I am sure it is considering a few new Indian cities as its routes.

Secondly, personalized marketing campaigns that tap into India's digital culture will be key. The Maldives could engage Indian influencers, use social media to highlight unique experiences and showcase the country's appeal in a way that resonates with Indian travellers. Furthermore, hospitality providers in the Maldives should tailor their offerings to suit Indian tastes, such as curating vegetarian and Indian cuisine options or organizing Bollywood-themed entertainment events.

Finally, developing a deeper understanding of the different travel segments within India, whether the millennial market, high-net-worth individuals, or families, will enable the Maldives to create customized experiences that resonate with these groups.

India's outbound travel market is poised for exponential growth, driven by the expanding aviation industry, the rise of new airports, and an increasingly affluent population. This presents a significant opportunity for the Maldives to attract millions of new visitors over the next decade by offering experiences tailored to the desires of modern Indian travelers.

As we look ahead, let's remember: "The only limit to our realization of tomorrow is our doubts of today." With the right strategy and a focus on personalized experiences, the Maldives can unlock the full potential of this rapidly growing market, cementing its position as a top destination for Indian travelers. Let's welcome India with open arms.

 

Contributing writer 

Suresh Dissanayake

Assistant Vice President of Sales & Marketing at Adaaran Resorts and Heritance Aarah

Comments

Please login to Comment


NEWS ARCHIVE