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Foreign tourist arrivals to India rise in recession

Foreign tourist arrivals to India rise in recession
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First Published: Mon, Jan 12 2009. 06 35 PM IST
Updated: Mon, Jan 12 2009. 06 35 PM IST
New Delhi: In the year that India felt the impact of the global economic slowdown as well as terror attacks reflecting in cancellations in corporate as well as leisure travel, the number of foreign tourist arrivals or FTAs for 2008 was 5.37 million, around 5.7% higher as compared to 5.08 million the previous year, according to data received from major airports in India and released by the government on Monday.
In December, India saw 5.22 lakh FTAs, marginally higher than the 5.21 lakh FTAs in November.
While the foreign exchange earnings (FEE) of India from tourism for 2008 stood at Rs 50,730 crore, growing over 14.3% over Rs 44,360 crore in 2007, the FEE for December was Rs5,083 crore, as against Rs4,935 crore the previous month and Rs5,079 crore in December, 2007.
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First Published: Mon, Jan 12 2009. 06 35 PM IST