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INDUSTRY & SERVICES

TOURISM

Overview

Tourism has played a pivotal in social progress. It is also an important vehicle in widening socio-economic and cultural contacts. A wide array of interests-entertainment, sports, religion, culture, adventure, education, health and business-drives tourism. Tourist expenditure generates multiple effects with extensive outreach along its value chain. Adding to the demand for a variety of goods and services, tourism offers potential to exploit synergies across a large number of sectors such as agriculture, horticulture, poultry, handicrafts, transport, construction etc., where growth of income has favourable impact on poverty alleviation.

Tourism facilitates business contacts, widens markets and helps diffusion of growth impulses across territories to promote broad based employment and income generation. Investment in tourist infrastructure adds to economic growth, catalyses generation of income and employment, which in turn, leads to further growth in demand for tourism and stimulates subsequent rounds of investment in a virtuous circle.

Performance of Tourism Sector

Foreign Tourist Arrivals (FTAs):

  • FTAs during the Month of May 2012 was 0.37 million as compared to FTAs of 0.35 million during the month of May 2011 and 0.33 million in May 2010.

  • There has been a growth of 4.6 per cent in May 2012 over May 2011 as compared to a growth of 3.3 per cent registered in April 2012 over April 2011.

  • FTAs during the period January-May 2012 were 2.80 million with a growth of 7.8 per cent, as compared to the FTAs of 2.60 million with a growth of 11.4 per cent during January-May 2011 over the corresponding period of 2010.

Foreign Exchange Earnings (FEE) from Tourism:

  • FEE during the month of May 2012 were US$ 1.02 billion as compared to FEE of US$ 1.12 billion during the month of May 2011 and US$ 0.95 billion in May 2010.

  • The growth rate in FEE during May 2012 over May 2011 was (-) 9.0 per cent as compared to the growth of 18.2 per cent in May 2011 over May 2010. This decline may be partly due to substantially depreciated value of Indian Rupees in May 2012 as compared to May 2011.

  • FEE from tourism during January-May 2012 were US$ 7.29 billion with a growth of 10.6 per cent, as compared to US$ 6.59 billion with a growth of 13.3 per cent during January-May 2011 over the corresponding period of 2010.

Progress of Tourist Visa on Arrival (VoA) Scheme : May, 2012

As a facilitative measure to attract more foreign tourists to India, Government launched a Scheme of Visa on Arrival (VoA) from January 2010 for citizens of five countries, viz. Finland, Japan, Luxembourg, New Zealand and Singapore, visiting India for tourism purposes. The Government has extended this Scheme for the citizens of six more countries, namely Cambodia, Indonesia, Vietnam, Philippines, Laos and Myanmar from January 2011.

Following are the important highlights of VoAs issued during May 2012

  • During the month of May 2012, a total number of 812 VoAs were issued under this Scheme as compared to 865 VoAs during the month of May 2011 registering a decline of 6.1 per cent.

  • During the period January-May 2012, a total number of 5857 VoAs were issued as compared to 5004 VoAs during corresponding period of 2011 registering a positive growth of 17.0 per cent.

  • The number of VOAs issued under this scheme, during May 2012 for nationals of the eleven countries were Japan (218), New Zealand (137), Philippines (131), Indonesia (130), Singapore (111), Finland (40), Vietnam (26), Cambodia (7), Myanmar (5), Luxemburg (5) and Laos (2).

  • The number of VoAs issued under this scheme, during January-May 2012 were Japan (1392), New Zealand (1256), Indonesia (940), Philippines (831), Singapore (752), Finland (483), Vietnam (76), Cambodia (44), Myanmar (41), Luxemburg (36) and Laos (6).

  • During the period January-May 2012, the maximum number of VoAs were issued at Delhi airport (3439), followed by Mumbai (1283), Chennai (789) and Kolkata (346).

Investment Opportunities

  • Hotel Industry
  • Service Apartments
  • Adventure Tourism
  • Health Tourism
  • Convention Centres
  • Wildlife Tourism
  • Highway Tourism
  • Amusement Parks

 

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