India posts strong growth in earnings from tourism

India's foreign tourism revenues grew by a record 33.8 per cent in 2007 amid a big campaign by the country to draw more overseas visitors.

NEW DELHI: India's foreign tourism revenues grew by a record 33.8 per cent in 2007 amid a big campaign by the country to draw more overseas visitors.

Foreign exchange earned from tourism climbed to $11.96 billion last year from $8.93 billion the previous year.

Foreign tourism revenues grew by 19.2 per cent year on year in 2006. "The year 2007 witnessed a remarkable growth in the tourism sector in terms of foreign exchange and foreign tourist arrivals," said a government official.

The number of foreign arrivals rose by more than 12 per cent to touch five million last year from the 4.45 million tourists who travelled to India in 2006.

Tourism industry officials, however, warn the government's drive to bolster the sector could suffer if it does not improve India's shabby airports and other infrastructure.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Industry › Services › Travel › India posts strong growth in earnings from tourism
Text Size:AAA
Success
This article has been saved

*

+