TRENDING NEWS
  • UN Tourism Members advance agenda for Europe as region leads global recovery
  • Sustainable tourism market to grow at 14% CAGR by 2032
  • UN Tourism launches investment guidelines for Albania
  • 'UAE, Egypt, Vietnam popular among Indian solo travellers'
  • Oman Air mulls single aircraft-type operating model
  • Etihad Airways adds Al Qassim to its route network

India earns INR 5.54 lakh crore in forex from tourism: Govt

India has earned INR 5,54,657 crore in foreign exchange from tourism between 2019 and May this year, shows the latest government data. Overall, 2019 saw a total earning of INR 2,16,467 crore, which is the highest in these five years but the very next year this dropped to its lowest at INR 50,136 crore and, the next year too, it was only INR 65,070 crore.

“Both 2020 and 2021 were hit by Covid lockdown and even domestic tourists were not allowed to go out. This is the reason for lower foreign exchange earnings in those two years,” said a senior official from the Ministry of Tourism.

 

Read Previous

EaseMyTrip opens franchise store in Ludhiana, Punjab

Read Next

Dusit continues expansion in Japan with new luxury hotel, Dusit Thani Kyoto-duplicate-1

Download Magazine