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Tourism, worldwide, has been recognized as a major vehicle to produce and create wealth, generate employment and earn foreign exchange. However, tourism industry in India is still at a nascent stage and is heavily unprecedented. ...
ABOUT THE INDUSTRY
Ø PERFORMANCE & SIZE OF THE INDUSTRY
Tourism Industry in India accounts for only 6% of the country’s GDP. ... 5% of world tourism traffic, thereby ranking 46th in the world. The terrorist attacks on the US on 11th September 2001 have dealt a blow to Indian tourism and a loss in tourism revenues in FY02 has been estimated at Rs 40,000mn.
According to World Travel & Tourism Council the travel and tourism demand in India amounts to Rs 1,200 billion (£17. ...
Travel and tourism is the second highest foreign exchange earner for India, and the government has given agencies in this industry export house status. The industry is waking up to the potential of domestic tourism as well, with an estimated 4. ...
Ø OUTBOUND, INBOUND & DOMESTIC TOURISM
Domestic tourism is by far the largest sector, and is estimated to lead to Rs 915 billion tourism spending, a growth of 127%, in the review period.
Approximate Word count = 906
Approximate Pages = 3.6
(250 words per page double spaced)
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