GBTA BTI™ Outlook – India report, a semi-annual analysis that relates unfolding economic events at home and abroad to their resulting impacts on India’s business travel market. The report, sponsored by Visa Inc., includes the GBTA BTI™; an index of business travel spending that tracks market performance over time.
Highlights Include:
- India’s GDP grew 4.6 percent during the first quarter of 2014 and 5.7 percent during the second quarter – the best performance since 2011.
- Consumer spending reawakened in the first quarter of 2014 expanding by 13 percent
- Domestic business travel has grown rapidly over the last 15 years as Indian standards of living have been boosted significantly by market liberalization.
