Summary:

According to the ACKO India Travel Report 2025, India’s overseas travel spending increased by 25% in FY24, reaching Rs. 2,72,176 crore (US$ 31.7 billion), driven mainly by millennials and Generation Z, who account for 48% of outbound travellers. Data from 49,000 travel insurance policies show that 36% of travellers were under 35, combining work, wellness, and leisure on longer trips. Nearly 99% purchased medical insurance, with 83% opting for broader coverage. Women made up 43% of travellers, indicating cultural progress. Popular destinations included Thailand, the United Arab Emirates, the United States, Vietnam, and Indonesia. Visa policies, flight connectivity, and social media influenced travel choices. Medical claims accounted for 33% of payouts, averaging Rs. 16,542, while delayed luggage and trip rescheduling claims averaged Rs. 17,379 and Rs. 72,428, respectively.

Source: IBEF

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