STOCK MARKET BSE NSE

15 per cent growth in Indian tourists visiting Australia

As the host nation for the ICC T20 World Cup for Women and Men in 2020, Australia is attempting to break records. 

Published: 17th September 2019 11:37 AM  |   Last Updated: 17th September 2019 11:37 AM   |  A+A-

Syndey opera house

Syndey opera house

By Express News Service

HYDERABAD: India's tourism sector appears to have shrugged off overt concerns of the slowdown, with outbound travellers to Australia registering a healthy double-digit growth of 15 per cent between June and July this year.

It’s a significant departure from the pedestrian single-digit growth of 7-8 per cent seen during the January-May period. “The closure of Jet Airways, which had a code share agreement with Australia’s Qantas Airways, and the election season affected tourists’ growth in the first five months.

But June and July saw a rebound and we expect the momentum to continue during the holiday season and the forthcoming ICC T20 World Cup event,” said Nishant Kashikar, country manager, India and Gulf, Tourism Australia. 

If last year saw 3.7 lakh Indians visiting Australia, Kashikar expects 5 lakh visitors in couple of years. Similarly, Indian tourists’ spend will likely increase from last year’s Rs 8,300 crore to Rs 11,500 crore. A significant amount of tourists’ spend came from leisure travellers, while the rest came from business travellers, and those travelling for short-term period due to employment opportunities and education.

Interestingly, the average spend per trip was about Rs 2.4 lakh, which is why India is the sixth largest nation for Australia in terms of spend, though it’s ranked eighth in terms of visitors.

“In last five years, there has been a 16 per cent CAGR growth in Indian tourist inflows against 8 per cent average growth in overall outbound tourism in India,” he said.  

One of the reasons for growth was currency. While rupee weakened against the US and UK currencies, it strengthened against Australian dollar. Second, in 2017, Australia started online visa processing requiring no personal visits or biometrics. So, almost 80 per cent of applications are processed online. 

Third, the presence of large Indian diaspora comprising 7.5 lakh Indians, besides 90,000 students is driving tourist arrivals in the country. As the host nation for the ICC T20 World Cup for Women and Men in 2020, Australia is attempting to break records. 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp