“The current Budget 2026 signals a deeper, more structural view of travel as a growth engine for India. Rationalisation of TCS on outbound travel is a timely reform, it improves cash flow efficiency for travellers and agents, reduces friction, and brings greater predictability to outbound demand. These steps create a healthier operating environment for the travel and encourages long-term planning rather than short-term transactions.
Equally important is the continued infrastructure push for domestic tourism, especially around emerging tourism hubs and improved domestic and international connectivity. A significant dimension of this growth is temple tourism, which is fast becoming one of India’s most consistent and high-intent travel segments. Investments around religious corridors, civic infrastructure, and last-mile access in terms of Roads, Airports are transforming pilgrimage into well-planned, experience-led journeys.
For travel companies, this convergence is significant. It enables them to diversify portfolios, balance outbound and domestic demand, and build specialised offerings around faith, culture, and heritage segments driven by trust and repeat behaviour. Over time, these measures will professionalise the ecosystem, strengthen agent viability, and position India’s travel economy for resilient, year round growth.”
