Indian Economy News

Foreign Tourist Arrivals grow by 7.1% during Jan-Nov 2014 over the corresponding period of 2013

New Delhi: Foreign exchange earnings from Tourism in terms of US Dollar grow by 5.2% during Jan-Nov 2014 as compared to 4.9% over the corresponding period of 2013 The following are the important highlights regarding Foreign Tourist Arrivals (FTAs) and Foreign Exchange Earnings (FEEs) from tourism during the month of November 2014.

Foreign Tourist Arrivals (FTAs):

  • FTAs during the Month of November 2014 was 7.50 lakh as compared to FTAs of 7.34 lakh during the month of November 2013 and 7.01 lakh in November 2012.
  • There has been a growth of 2.2% in FTAs in November 2014 over November 2013.
  • FTAs during the period January- November 2014 were 65.85 lakh with a growth of 7.1%, as compared to the FTAs of 61.46 lakh with a growth of 5.5% during January- November 2013 over the corresponding period of 2012.
  • The percentage share of Foreign Tourist Arrivals (FTAs) in India during November 2014 among the top 15 source countries was highest from USA (14.96%), followed by UK (10.97%), Bangladesh (9.10%), Russian Federation (4.95%), Australia (4.15%), Canada (4.12%), Malaysia (3.81%), Germany (3.39%), France (3.30%), Sri Lanka (3.18%),Japan (2.56%), China (2.42%), Singapore (2.35%), Thailand(2.06%) and Myanmar (1.28%).

Foreign Exchange Earnings (FEEs) from Tourism in Indian rupee terms and US$ terms

  • FEEs during the month of November 2014 were `11,201 crore as compared to `10,663 crore in November 2013 and `9,723 crore in November 2012.
  • The growth rate in FEEs in rupee terms in November 2014 over November 2013 was 5.0%.
  • FEEs from tourism in rupee terms during January- November 2014 were 1,07,208 crore with a growth of 12.1 over the corresponding period of 2013.
  • FEEs in US$ terms during the month of November 2014 were US$ 1.816 billion as compared to FEEs of US$ 1.936 billion during the month of November 2013 and US$ 1.931 billion in November 2012.
  • FEE from tourism in terms of US$ during January- November 2014 were US$ 17.606 billion with a growth of 5.2%, as compared to US$ 16.742 billion with a growth of 4.9% during January- November 2013 over the corresponding period of 2012.

Ministry of Tourism compiles monthly estimates of Foreign Tourist Arrivals (FTAs) on the basis of data received from major ports and Foreign Exchange Earnings (FEEs) from tourism on the basis of data available from Reserve Bank of India.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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