INDIANS TRAVELLING ABROAD
Türkiye marks a 34% surge in Indian visitors from January to May 2024
In early 2024, Türkiye saw a 34% surge in Indian tourists, reaching 1,26,000 visitors. Top destinations like Istanbul, Cappadocia, Antalya, and Bodrum were popular. Efforts included a six-city TAAI roadshow and an OTOAI fam tour. Tourists also visited Pamukkale, İzmir, and Alaçatı, attracted by their natural beauty and luxurious celebrations.
NRIs, Indian tourists can now make QR code-based UPI payments in UAE
NIPL and Network International have teamed up to introduce QR code-based UPI payments in the UAE, offering Indian visitors a secure and familiar payment method. The collaboration aims to enhance the payment experience for tourists and NRIs in the region.
Indians up their game on foreign vacations with luxury hotels, formula 1 drives and epic train rides
Indians are driving luxury travel in the Asia-Pacific region, with 89% of them planning to spend more in the next 12 months. This is according to a report released Monday by Marriott International on high networth travellers in the Asia Pacific.
Spend on the world like never before
Indians drive outbound remittances, preferring foreign airlines due to underdeveloped domestic industry. Improving connectivity and tourism infrastructure is vital to boost domestic tourism. Developing skills and promoting gender-neutral employment are crucial for growth in the travel and hospitality sector.
89% Indian high net worth travellers planning to spend more in next 12 months: Report
The Luxury Group by Marriott International's report highlights growing trends in luxury travel across Asia Pacific, driven by high-net-worth (HNW) travelers. Key findings include a significant increase in travel spending, especially among Indians (89%), with 74% preferring to travel within Asia Pacific. Culinary experiences are a top priority for 88% of travelers, and celebrations account for 25% of planned holidays
Indian foreign spending skyrockets 29-fold in a decade
Over the past decade, Indian expenditures on foreign exchange have surged dramatically, increasing from $1.1 bn in FY14 to $31.7 bn in FY24, driven largely by travel expenses. In contrast, remittances from overseas workers into India grew by 71%, rising from $70 bn to $120 bn over the same period. India remains the top recipient of foreign remittances globally, receiving nearly double the amount received by Mexico at $66 bn.
Guyana diaries: Bhojpuri nights, ubiquitous Hindu temples & booming economy
Guyana exudes a strong sense of Indianness that resonates deeply with visitors from India, particularly noticeable in Georgetown, its capital and the only English-speaking country in South America. The Providence Cricket Stadium greets visitors with a prominent "Bhojpuri Nights" banner, reflecting the cultural blend. Nearby, ISKCON stands as one of Georgetown's largest temples, underscoring the presence of Indian culture. Renowned eateries like the one owned by former West Indies cricketer Ramnaresh Sarwan offer a taste of familiar cuisine.
Indians spent over €12 million in rejected Schengen visa applications last year
In 2023, Indians faced high rejection rates for Schengen visas, resulting in a loss of €12.1 million. Schengen states rejected 1.6 million visa applications, generating €130 million. Indians, Turks, Algerians, Moroccans, and Chinese were among the most affected, with Indian and Turkish nationals experiencing the highest financial losses.
Indian farm labourers march to end 'slavery' after worker death shakes Italy
Thousands of Indian farm laborers in Italy demand an end to "slavery" after the tragic death of Satnam Singh, who lost his arm in a work accident. Exploitation of undocumented migrants in agriculture sector sparks outrage and calls for justice and better working conditions.
Travel dominates forex spending abroad: RBI data
Outward remittances from India under the liberalised remittance scheme fell by 2% year on year. Travel was the largest chunk of foreign currency outflows in April, with maintenance of close relatives being the second largest reason for remittances. Indians spent $31.7 billion overseas under the LRS in the fiscal ended March 2024.
Southeast Asian nations top choice for Indians travelling abroad this summer: Survey
Southeast Asian countries are top choices for Indian travelers for short vacations, with Bali, Pattaya, and Bangkok being popular destinations according to the OYO Global Summer Vacations Travelopedia 2024 survey. Europe and the United States are preferred for longer stays. OYO Founder and CEO Ritesh Agarwal highlighted the convenience for Indian travelers.
Study abroad: US, UK, Canada, Germany, Australia — which is the best country for Indian students in terms of education cost, scholarships, jobs?
Aspiring to pursue higher studies at prestigious universities like Harvard, Cambridge, Stanford, Oxford, MIT, and others is a common goal for many Indian students. However, achieving this aspiration often presents numerous challenges. Before making a final decision about studying abroad at these highly sought-after destinations, it's essential to carefully consider various factors. Let's explore the key considerations for Indian students aiming to study in these top 5 destinations.
Indians break records with $31.7 billion overseas spending in FY24; international travel biggest expense
The Liberalised Remittance Scheme (LRS) witnessed Indians spending a record $31.7 billion overseas in FY24, up 17% from the previous year, despite the introduction of tax collection. The data reveals a surge in international travel spending, surpassing education expenses. Travel expenditures accounted for 53.6% of LRS spending, marking a significant shift from pre-pandemic trends.
South Korea could be the next big study abroad destination
South Korea's popularity in India is growing, driven by its diverse cultural appeal and increasing interest from Indian students. Scholarships from the South Korean government and universities attract international students. The country is becoming a favorable destination for businesses due to regulatory advantages.
Country depends on tourism; 60 pc people come from India: Sri Lankan MP V Radhakrishnan
Sri Lankan MP V Radhakrishnan said that tourism is a major reason for the two nations' positive ties. Sri Lanka is reliant on travel. About 60% of the population is Indian. Sri Lanka is now experiencing economic growth. In the future, the two nations ought to collaborate, particularly in the travel and tourist sector."
You can use PhonePe on your next trip to Sri Lanka
Indian fintech giant PhonePe has launched its UPI services in Sri Lanka, enhancing cross-border fintech connectivity. The event was attended by dignitaries including the Central Bank Governor and India's High Commissioner. This milestone partnership with LankaPay enables Indian visitors to make secure UPI payments in Sri Lanka, promoting digital transactions and financial integration between the two nations.
Sri Lanka extends visa-free access for Indian tourists
Sri Lanka has renewed visa-free entry for tourists from India and six other countries to boost tourism industry recovery post-pandemic and economic crises. The initiative aims to enhance accessibility and convenience for international travelers, signaling the government's commitment to promoting tourism and creating seamless travel experiences. Online visa application process introduced for security checks.
Nearly 50% Gen Z Indians ready for their first independent abroad trip: Survey
A survey conducted by Skyscanner reveals that nearly 50% of Gen Z individuals in India are planning their first independent international trip, with over 80% of them waiting to embark on this journey until after receiving their first paycheck. Financial independence is a crucial factor for them, with 81% opting to plan their trip after landing their first job or paycheck.
More Indians open to travelling solo abroad
Solo travellers represented about 65 per cent of visa applications for the UAE, 60 per cent for Egypt, 40 per cent for Singapore and 45 per cent for Vietnam, according to a report by online platform for visa applications Atlys.
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