Indians catch travel bug; spending on foreign tours at $10bn
Shortpedia
Content Team
Image Credit: NewsBytes
As per the latest data released by the Reserve Bank of India (RBI), for the first time ever, Indians spent about $10 billion on overseas travel in the first nine months of this fiscal. The record-breaking travel season is expected to continue this quarter too. Between April and December, Indians spent $9,947 million on cross-border holidays. Out of that, $1,137 million was shelled out in December 2022 alone, as per RBI data.
