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View Details»Markets are a completely different creature because they are affected by a thousand factors. Some positive, some negative, some come at the same time and we are confused. But there are some economic aspects of this event which are hard to ignore and it is a mistake to ignore.
India is the ultimate tourist destination for its geography, its history and its cultural richness. And most people in India have not even seen much of India. They would rather go abroad. And this is the beginning of the tourism boom. The tourism boom happens for different reasons.
Saudi Arabia is a tourist place for Mecca. Look, at Italy and the Vatican. And those who come to the Vatican do not only go to the Vatican, they will go to many places. And tourism also has a cycle. A place like Dubai could invest massively because they did not have anything to attract people and then the tourists come later. In India's case, we built minimal infrastructure. The first level of infrastructure or maybe just beyond that has got built in the last 5-10 years. And now, there is the attraction of this