India looks to tourism
NEWS
"We earned US$4.8 billion in foreign exchange from tourism in 2004 and we expect it to surpass $10 billion in the next three years," says Chowdhury.
In recent years India's tourism industry has undergone a major rebranding to cater to tourists. Teaming up with TV channels to promote its heritage sites, the Indian tourism ministry has managed to attract a large amount of foreign currency.
Throughout many parts of India, the greenback is often accepted for over-the-counter transactions, resulting
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