Foreign Exchange Earnings (FEEs) from Tourism surges 11.5% to Rs 120083 crore in 2014
Foreign Tourist Arrivals (FTAs) to India increased 6.8% to 8.77 lakh in December 2014, as compared to FTAs of 8.22 lakh in December 2013FTAs during the period January- December 2014 exhibited an accelerated growth of 7.1% to 74.62 lakh, as compared to the FTAs of 69.68 lakh with a growth of 5.9% during January- December 2013 over the corresponding period of 2012.
The percentage share of Foreign Tourist Arrivals (FTAs) in India during December 2014 among the top 15 source countries was highest from USA (17.62%), followed by UK (11.44%), Bangladesh (10.22%), Canada (4.81%), Australia (4.75%), Russian Federation (3.91%), Malaysia (3.65%), Germany (2.58%), Sri Lanka (2.54%), China (2.25%), Japan (2.21%), France (2.19%), Singapore (2.11%), Pakistan (1.94%) and Thailand(1.62%).
Foreign Exchange Earnings (FEEs) from Tourism
FEEs during the month of December 2014 were Rs 12,875 crore as compared to Rs 11,994 crore in December 2013 and Rs 10,549 crore in December 2012.
The growth rate in FEEs in rupee terms in December 2014 over December 2013 was 7.3%.
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FEEs from tourism in rupee terms during January- December 2014 were Rs 1,20,083 crore with a growth of 11.5%, as compared to the FEE of Rs 1,07,671 crore with a growth of 14.0% during January- December 2013 over the corresponding period of 2012.
FEEs in US$ terms during the month of December 2014 were US$ 2.051 billion as compared to FEEs of US$ 1.936 billion during the month of December 2013 and US$ 1.931 billion in December 2012.
The growth rate in FEEs in US$ terms in December 2014 over December 2013 was 5.9% compared to a growth of 0.3% in December 2013 over December 2012.
FEE from tourism in terms of US$ during January- December 2014 were US$ 19.657 billion with a growth of 6.6%, as compared to US$ 18.445 billion with a growth of 4.0% during January- December 2013 over the corresponding period of 2012.
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