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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1032 |
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Popular new destinations for Indians include Southeast Asian countries such as Singapore, Thailand, Malaysia and Hong Kong. Cheaper airfares and competitive holiday packages have made these favoured vacation spots.
Budget airlines new kid on the block in air travel
At Rs1,103 billion in 2005, India’s transportation industry is the largest sector of the travel and tourism industry...
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The sector outperformed the review period CAGR performance in 2005, with 15% sales value growth. Investment in international quality roads, the launch of low cost carriers as well as the expansion of the railways were responsible for driving growth.
Six new low cost carriers were launched in India in 2005, and there seemed to be room for more...
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