India Tourism Update March 2016
Holi, the festival of colours, is one of the most popular festivals of India, celebrated in March this year.

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News In Brief

UAE Eyes Big On India’s Outbound Tourism Potential

United Arab Emirates (UAE) is eyeing big on India’s outbound tourism potential. The UAE is positioning itself as a unique country where all the seven states like Dubai, Sharjah, Ras-Al-Khamaiyah, Abu Dhabi, etc. have different tourism varieties to showcase to India. In Sharjah alone, the number of hotel guests from India has seen a 23% growth.

 

South Australia To Invest AUD 1 Million In India


India is now among the top 10 markets for South Australia in terms of international tourist arrivals for the year ending December 2015 with 17% increase. The South Australian Tourism Commission (SATC) has committed to spend AUD 1 million during 2016-2017 towards marketing initiatives in India primarily to collaborate with travel agents, airlines and consumer branding.

 

Hong Kong Tourism Board Join Hands With Star Plus

Hong Kong Tourism Board as a part of their promotional initiative joined hands with Star Plus to promote Hong Kong as an inspiring leisure destination for Indian families and couples. To give an interesting twist to the drama serial - Yeh Rishta Kya Kehlata hai, Star Plus, a general entertainment channel visited Hong Kong for the shooting of the drama series.

Statistics

India – World’s Fastest-growing Economy

With a growth of over 7% in 1H FY2015-16, India is considered the world’s fastest-growing large economy. The International Monetary Fund (IMF) predicted that India would retain the status of fastest growing economy until 2020.

The Young India

New age entrepreneurs, favourable ecosystem to spur innovation, approximately 1.5 mn engineering graduates every year, increased women participation, rising rural and middle class market, fourth largest base for young businesses.
Source: KPMG, ‘India Soars High’, February 2016

BRICS Economy

The Indian economy itself has shown resilience in the face of global downturns. India is firmly on its way to catapult into a global growth engine.
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