Thursday 17 January 2013

Indian Tourism Shines with 5.4% Growth in FTAs in 2012

Good news for the tourism industry in India as 2012 turned out to be a positive year for the industry. Foreign Exchange Earnings (FEEs) from tourism during the year 2012 showed an increase of 21.8% as compared to FEEs of 2011. Foreign Tourist Arrivals (FTAs) in the country also registered an increase of 5.4% during the year 2012 as compared to FTAs of 2011.

FEEs from tourism in rupee terms during 2012 were Rs.94, 487 crore with a growth of 21.8% as compared to the FEEs of Rs.77, 591 crore with a growth of 19.6% during the year 2011 over 2010. The growth rate in FEEs in rupee terms in December 2012 over December 2011 was 18.9%.

FTAs in India during 2012 were 66.48 lakh with a growth of 5.4% as compared to the FTAs of 63.09 lakh during the year 2011. There has been a growth of 1.7% in December 2012 over December 2011.

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