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792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...

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over the next 10 years, generating visitor expenditure of USD56.4 billion, an increase<br />

of 5 percent per annum.<br />

LAST PREVIOUS HIGH LOW<br />

GDP GROWTH RATE 4.90 4.20 9.80 -4.80<br />

The Gross Domestic Product (GDP) in the United Arab Emirates expanded 4.90<br />

percent in 2012 from the previous year. GDP Annual Growth Rate in the United Arab<br />

Emirates is reported by the National Bureau of Statistics, UAE.<br />

Indian Tourism GDP contributed 6.4% to Nation’s GDP<br />

The Travel & Tourism industry in India is almost three times bigger than the size of<br />

automotive manufacturing industry and generates more jobs than the chemical<br />

manufacturing, automotive manufacturing, communications and mining sectors<br />

added together.<br />

This is according to new research from the World Travel & Tourism Council (WTTC)<br />

sponsored by American Express, released today at the ‘WTTC’s India Initiative<br />

Retreat’ in Bekal, Kerala, India.<br />

Parul <strong>Institute</strong> of <strong>Management</strong> and Research - <strong>792</strong> Page 121

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