At least 0.589 million foreign tourists visited India last month and it lead to increase in foreign exchange earnings from tourism in terms of Rupee (Indian currency) by 4.4 per cent in October 2013.
New Delhi, Nov 13/Nationalturk – In a good news for Indian economy and Indian tourism, at least 0.589 million foreign tourists visited India last month and it lead to increase in foreign exchange earnings from tourism in terms of Rupee (Indian currency) by 4.4 per cent in October 2013.
“Foreign Tourist Arrivals (FTAs) in India during the month of October 2013 were 0.589 million as compared to FTAs of 0.556 million during October 2012 and 0.560 million in October 2011,” said an official spokesman of Indian Tourism industry.
He said there has been a growth in foreign tourist arrivals of 5.8% in October 2013 over October 2012 as compared to a negative growth of 0.6% registered in October 2012 over October 2011.
“FTAs from January to October 2013 were 5.33 million with a growth of 4.0%, as compared to FTAs of 5.124 million with a growth of 4.5% during January to October 2012 over the corresponding period of 2011,” he said.
Foreign exchange earnings up by 4.4 %
The Indian Tourism ministry spokesman said Foreign Exchange Earnings (FEEs) from tourism in Indian currency (Rupees) terms in October 2013 increased by 4.40%. to Rs.8513 crores as compared to Rs 8154 crore in October 2012 and Rs 7,019 crore in October 2011.
“The growth rate in FEEs in rupee terms in October 2013 over October 2012 was 4.4% as compared to 16.2% in October 2012 over October 2011,” he said.
Referring to FEE earnings in terms of US dollars, the spokesman said, “Foreign Exchange earnings during month of October 2013 were US$1.382 billion as compared to US$1.538 billion during October 2012 and US$ 1.424 billion in October 2011.”
‘Growth rate in FEEs in US dollars in October negative’
The spokesman said the growth rate in FEEs in US$ terms in October 2013 over October 2012 was negative growth of 10.1% as compared to the growth of 8.0% in October 2012 over October 2011.
“Foreign Exchange Earnings from tourism in terms of US dollar during January to October 2013 were US$ 14.582 billion with a growth of 3.9%, as compared to US$ 14.030 billion with a growth of 5.4% during January-October 2012 over the corresponding period of 2011,” the spokesman said.
He said Indian Tourism ministry compiles monthly estimates of Foreign Tourist Arrivals on the basis of the FTAs data at major Indian air and sea ports and Foreign Exchange Earnings (FEEs) from tourism on the basis of data available from Reserve Bank of India.
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Faiz Ahmad / NationalTurk India News
