Tag Archives: Indians

Outward remittances by Indians rise to highest level in 10 months to nearly $2.8 billion in July: RBI report

Outward remittances by Indians rose to their highest level in 10 months to nearly $2.8 billion in July 2024, stated an RBI report. The increase is the result of a spike in overseas travel spending, the share of which also jumped to 60% from 51% a year ago. Indians spent $1.6 billion in overseas travel in July as against $1.3 billion in June and an average of $1.2 billion in the first quarter, it added.

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Indians top global travel spend list, 63% plan to shell out more money on trips this year: Skyscanner

Skyscanner Horizons 2023-2024 report revealed that Indians have budgeted more for travel in 2024. According to the report, 63% of Indians are planning to spend more on travel this year, the highest of any country followed by the UAE at number 2, with 56% of travellers planning to spend more. Indians are also willing to spend on comfort during travel such as upgrading to business or first class or seat selection and access to airport lounges, it added.

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Nearly 40% of Indians plan travel during weekends: Amadeus

About 39 per cent of Indians do most of their travel planning during weekends, which is higher than the regional average of 32 per cent, according to Amadeus’ Journey of Me Insights report. This is followed by other options like 24 per cent during holidays, 17 per cent after work on weekdays and 13 per cent while at work . Only 7 per cent of respondents plan their travel while commuting from one place to another, the report said.

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UK registers 10 per cent growth in Indian visit visas from October 2017 to September 2018

Indian visitors and tourist numbers saw a strong growth with visit visas increasing by 10 per cent to 468,923 from October 2017 to September 2018, according to the latest report on Immigration Statistics published by the Home Office. This was the largest absolute increase for any country and means that over one in five UK visit visas are going to Indian nationals. Commenting on the figures, Sir Dominic Asquith KCMG, the British High Commissioner to India, said, “This update provides yet more evidence that the UK is open to Indian business, students and tourists. I’m particularly pleased by the 33 per cent increase in Indian students, which means thousands more young Indians are making the most of the UK’s world-class education system.” Moreover, Indian student numbers have strongly increased for the second year in a row. About 18,735 Indian nationals were granted a Tier IV student visa in the year ending September 2018. This was a 33 per cent increase compared to the the previous year – which was in itself a 27 per cent increase on the year before that.      

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Holland expects 30% growth in Indian arrivals

Indians visiting the Netherlands in the past year has crossed the 100,000 mark, informed Carola van Rijn, Project Manager, NBTC Holland Marketing. “There has been a steady rise in Indian travellers the past year and we expect a growth of 30 per cent in 2016,” she said at the Holland Club meeting, held in New Delhi. Along with representatives from Schiphol airport and Jet Airways, Alphonsus Stoelinga, Ambassador of the Netherlands to India was also present on the occasion and highlighted the bond shared between the two countries in terms of investments and trade. The Netherlands is promoting destinations such as Utrecht, The Hague, Rotterdam etc, apart from the capital, Amsterdam and is also working towards digitalising its visa services. With the relocation of Jet Airways’ hub from Brussels to Amsterdam eight months ago, the move is expected to give a boost to arrival numbers with direct connectivity from Mumbai and New Delhi.

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Australia offers 3-year multiple entry visa

Australia is implementing the trial of a three-year multiple-entry visitor visa for India from July 2016. The trial, which is targeted at frequent short-term travellers to Australia, will allow entry into Australia multiple times on the same visa with each stay valid for up to three months. India is among four countries – Thailand, Vietnam and Chile – where the trial will be implemented. Welcoming the move, Australia’s High Commissioner to India, Harinder Sidhu, said, “Australia welcomes the tremendous interest Indians have in visiting Australia for tourism and business. With India among Australia’s nine key tourism markets, the trial will naturally drive our tourism growth from this part of the world.” The trial will make it easier for Indian visitors to make repeat visits. Travellers will not need to re-apply for visa within the three-year period, Sidhu added. The trial applies to eligible applicants within the tourist and business visitor visa streams. The announcement was made as part of the Australian Government’s 2016-17 Budget to boost Australia’s future tourism growth.

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