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Record number of tourists arrival and foreign exchange
earnings in 2007
New Delhi, January 15, 2008
The Year 2007 has witnessed a remarkable growth in the
tourism sector especially in terms of Foreign Tourist Arrivals
(FTA) and Foreign Exchange Earnings (FEE). The estimated
number of FTA in 2007 touched 5 million as compared to 4.45
million in 2006 registering a growth rate of over 12% in 2007
over 2006.
The estimated FEE during 2007 was US$ 11.96 billion as
compared to US$ 8.93 billion in 2006. The growth rate in FEE
in 2007 over 2006 is 33.8% as compared to the growth rate of
19.2% in 2006 over 2005. In Rupee terms, the FEE in 2007 was
Rs. 49413 crore as compared to Rs. 40375 crore in 2006 with a
growth rate of 22.4 % as compared to the growth rate of 21.9%
in 2006 over 2005.
The impressive performance of the tourism sector is a
result of the positive image created about the country through
successful branding of “Incredible India”. The promotional
campaigns run by the Union Ministry of Tourism have led to
immense interest in India as a tourist destination.
India has been awarded ‘Favourite Country of the Year’ in
the ‘Conde Nast Traveller Readers’ Travel Awards-2007- a
renowned magazine in the travel trade and has also won WTA’s
‘Asia’s Best Destination Award’ for the year 2007.
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