By Spl Correspondent The Union Budget 2024 has injected a substantial boost into India’s tourism sector with a generous allocation of Rs 2,479 crore for the financial year 2024-25. This substantial increase of 44% over the previous year underscores the government’s recognition of tourism’s pivotal role in driving economic growth and employment. Key Focus Areas […]
By Netpal Travel Bureau According to the India Brand Equity Foundation, India’s travel and tourism industry is poised to generate nearly $24 billion in revenue by 2024. With an expected annual growth rate of 9.6% through 2028, the sector is forecasted to expand to a market size of $34.25 billion. Revenue Trends: In 2023, the […]
By Spl Reporter Russia Sets Sights on Booming Indian Travel Market Since 2024 began, Russia has been courting Indian tourists in a bid to revive its tourism sector. Facing economic strain from the ongoing conflict in Ukraine and European travel bans, Russia sees India as a key source of visitors. This shift aims to attract […]