Fri, 07 Sep 07
New data has revealed that tourists are more inclined to splash their cash when visiting
According to a recent Federation of Indian Chambers of Commerce and Industry (FICCI) study, tourists in India spend an average of 65,085 rupees (£768), compared with 37,570 rupees (£444) for those heading to France.
These statistics may not impact directly upon the average buy to let investor, but the fact that
The FICCI study claims that as
Millions spent attracting tourists
Keen to capitalise and improve upon the hefty 45 per cent increase in tourism over the last two years, the Indian government has taken steps to maintain the tourist influx. According to tourism and culture minister Ambika Soni, 691.9 million rupees have been spent attracting tourists over the current financial year, with more money set aside for future use.
Ms Soni explained: 'While priorities have not changed, the government is putting greater emphasis on development of infrastructure at important tourist destinations and to promote and publicise various tourism products of
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