Neutral impactEconomy
Less Than 10% Of Indians Have Passports: VFS CEO Sees Huge First-Time Traveller Opportunity
NDTV Profit 2 hrs ago·5 Sept 2026, 12:45 pm
VFS Global CEO Zubin Karkaria highlighted a massive opportunity for the travel industry, noting that fewer than 10% of Indians currently hold a passport. He believes this creates a significant potential for first-time travellers, which could drive substantial growth in the global mobility sector.
This insight is particularly relevant for investors in media and advertising, as it signals a potential surge in consumer spending on travel and lifestyle. As more Indians explore the world, there is likely to be increased demand for travel-related content and services.
Investors should monitor how this trend impacts advertising revenues and travel-related stocks. Keeping an eye on consumer confidence and disposable income will be key to understanding the sustainability of this growth.
Affected stocks
Neutral1 stock
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Key takeaways
- Concerns Ndtv (NDTV).
- Category: Economy.
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