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

The Gross Domestic Product (GDP) in India expanded 1.30 percent in the fourth
quarter of 2012 over the previous quarter. GDP Growth Rate in India is reported by
the OECD.
ANALYSIS
UAE is worth noting that the UAE is expected to receive a total of 25.8 million
tourists over the next 10 years, generating visitor expenditure of USD56.4 billion, an
increase of 5 percent per annum.
INDIA highlights that Travel & Tourism is a significant source of export revenue for
India.
In 2011, visitor exports totaled INR950 billion which was 12% of all service exports
and 3.9% of all exports.
Thus, The UAE Tourism growing faster than Indian Tourism Industry. UAE’s tourism
Industry contributed more amounts of revenue in GDP rather than of India.
Present Position and Trend of Tourism with UAE &INDIA
UAE tourism sector Revenue growth (67%) to the 2016
‣ Tourism development extending to the four corners of the Emirates as ATM
2013 road show series censorship up in Dubai
‣ The road show in Dubai, which was the largest event with 140 delegates,
comes at a time when the UAE tourism receipts are forecast to rise by
67% over the next few years. The region is now entering a new era of
stability and increased connectivity and expansion of existing infrastructure.
‣ A recent Dubai Chamber study, supported by statistics published by Business
Monitor International, puts UAE tourism sector growth at 6.5% per annum
between 2011 to 2021, with visitors from the Middle East, Employment growth
prospects for the sector are also buoyant, with a forecast annual real growth
rate of around 4.1%.
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