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Thus, the tourism sector is expected to perform very well in future and the industry offers an interesting investment opportunity for long-term investors.
Despite the numerous problems, tourism industry was the second-largest foreign exchange earner for the country during the year ended March 2003. During 2002, 2.2 million foreigners visited India. Foreign tourist in-flow has risen 20% this year.
Conde Nast ranked India amongst the top 10 tourist destinations. JBIC ranked India as the fifth most attractive investment destination. The World Social Forum, Ad Asia, World Bamboo Congress, Commonwealth Games, Laureus World Sports Academy Global Submit, F1 along with some of the biggest expos and conferences of the world chose India to play host...
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