TBM Staff - Mumbai According to a report by The Hindu, corporate travel from India to Australia has significantly rebounded with industry segments including cement, paint, pharma, automobile, insurance, infrastructure, logistics etc. actively contributing to the uptick, said Nishant Kashikar, Country Manager, Tourism Australia, the tourism promotion arm of the Australian government.
“India is the first international market to bounce back to the pre-covid level while other geographies are still taking time to recover. Most corporate segments in India are contributing to this recovery,” said Kashikar.
Between June 2022 and May 2023, Australia received 3,75,000 Indian visitors, breaching the previous year’s 3,67,000 visitations, he said.
According to Kashikar, Bengaluru-based Herbalife recently sent 2,500 of its associates on a holiday to Australia. ICICI Prudential, Maxlife Insurance, Reliance Nippon Life Insurance, HDFC Bank, Axis Bank, UltraTech Cement, JSW Cement, Ambuja Cement, Mangalam Cement, Maruti Suzuki, Hyundai Motor, Mahindra & Mahindra, Berger Paints and Asian Paints were some of the other enterprises that triggered a quick recovery.
In the 12-month period mentioned above, Kashikar further said, Indian tourists contributed INR 11,000 crore to the Australian economy, 16% higher than the previous year’s revenues. With this, India was slotted at fifth position in Australia’s spend ranking, up from sixth a year earlier. Mumbai, Delhi and Bengaluru were the lead markets for Australia, followed by Chennai, Hyderabad and Kolkata.
