India’s Corporate Travel Market Set to Reach USD 20.8 Billion by FY30, Growing at 10.1% CAGR: Report

2024/12/23

India’s corporate travel industry, valued at over USD 10.6 billion, is projected to expand at a robust 10.1% compound annual growth rate (CAGR), reaching USD 20.8 billion by FY30. This growth is fueled by technology-driven, personalized, and sustainable travel solutions, according to a recent report.

Deloitte's report, "Exploring India's Corporate Travel Market: Understanding Market Dynamics, TMCs, and User Preferences", is based on insights from over 45 travel managers and a survey of 160+ corporate travelers across various industries and organizational sizes.

As India’s corporate travel sector enters a transformative phase, it is embracing new work methodologies and technological advancements. The industry, already valued at USD 10.6 billion, is poised for continued growth, expected to more than double by FY30, driven by evolving market trends and innovative travel solutions.

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