India's forex earnings from tourists rise 18 per cent to $1.45 billion in November

06 Dec 2010

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India's foreign exchange earnings from foreign tourist arrivals grew to Rs6,516 crore ($1.45 billion) in November 2010 compared with Rs5,523 crore ($1.19 billion) in November 2009, recording a growth of 18.0 per cent year-on-year in rupee terms and 22.7 per cent in dollar terms.

Forex earnings from foreign tourists in November 2009 was up 11.9 per cent from Rs4,935 crore ($1.01 billion) in November 2008.  

During the January-November 2010 period, India's foreign exchange earnings from tourist arrivals stood at Rs57,850 crore ($12.64 billion) compared with Rs47,918 crore ($9.88 billion) earned in the similar period of the previous year (January-November 2009), recording a growth of 20.7 per cent in rupee terms and 27.8 per cent in dollar terms.

Foreign exchange earnings from tourism during January-November 2009 in turn grew (-) 5.0 per cent over the corresponding period of 2008 in rupee terms and by a negative (-) 7.6 per cent in dollar terms.

Foreign tourist arrivals in India during November 2010 grew 14.7 per cent year-on-year and stood at 6.06 lakh against 5.28 lakh during November 2009, which in turn grew a negative (-) 0.6 per cent from 5.32 lakh in November 2008. 

Delhi airport saw an increase of 18.5 per cent year-on-year in November 2010 and against a 5.1 per cent growth in October 2010.

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