The Department of Industrial Policy and Promotion (DIPP) also said that FDI equity inflow increased by 72 per cent in 2015-16.
"Foreign tourist arrivals during the period January-July, 2016 grew by 10 per cent for comparable time periods in 2015. The country witnessed a 11.63 per cent growth in the number of domestic tourist visits," it said.
Foreign exchange earnings from tourism (in rupee terms), which grew by 9.5 per cent in 2015, jumped 15 per cent in 2016 for comparable periods (January-July), the DIPP's achievements report of the sector said. The sector is one of the thrust segment under the 'Make in India' campaign.
As a result of the initiatives, the sector has registered a phenomenal growth in domestic tourism, foreign tourist arrivals, foreign exchange earnings and employment opportunities, it added.
Listing out major initiatives undertaken in tourism and hospitality sector, it said visa process for citizens of 150 countries have become less cumbersome with e-Tourist visas, the facility which has been made available at 16 key airports.
The percentage shares of top 10 source countries availing this e-visa facilities during June are the US, the UK, China, Australia and France.
Number of foreign travelers for medical treatment have also increased, it said adding 96,856 medical visas were issued during January to June.
About investments, it said in the last two years, tourism and hospitality sector has received USD 2.10 billion FDI.
It said Samhi Hotels has received a total investment of USD 126.78 million from leading investors like Goldman Sachs (USD 65.6 million) and International Finance Corporation (USD 19.03 million).
APG Strategic Real Estate has invested in Lemon Tree Hotels; Softbank Group International Ltd has invested USD 57.54 million in Oravel Stays Pvt Ltd, it said.
It also said that Emerald City has invested USD 29.04 million in TATA Starbucks Ltd; Make My Trip has invested USD 25.05 million in Make My Trip India Pvt Ltd.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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