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Insurance Article

Middle East is Now a High-Stakes Inbound Indian Market

May 15 2012

The most coveted travel and travel fair of the Middle East and West Asian markets, Arabian Travel Market (ATM) is one of the significant calendar events for India Tourism to represent its tourism products to prospective source marketplaces. P Krishna Kumar takes a look at the Middle East market and the probability it holds for India Tourism.

Travel and trade connections amid India and the Gulf date back centuries when societies toured from the former Persia to India via land and sea routes. With the oil bang in the Gulf after the World Wars, these interactions have augmented considerably. There have also been a huge number of tourists from India to the Middle East in pursuit of jobs in that part of the world. As per the most recent approximations, there is an Indian Migration of about 5 million in the Gulf!

There has been laudable evolution in consensual interactions amid the GCC nations and India in the recent past. The Middle East is considered as an 'extended neighbourhood' by India and in the year 2005, India endorsed its 'Look West' plan to enhance its relationship with Gulf nations. The GCC countries instantly responded via endorsing their 'Look East' plan via concentrating essentially on India and China. High-level delegations have been visiting both regions and these have been in increasing frequencies in past few years. This directly indicates the budding bilateral exchanges in almost all economic activity fields.

Growing bilateral exchanges between India and the Middle East have had their reflection in the travel and tourism sector as well. There has been a phenomenal increase in tourism exchanges amid India and destinations in the Middle East and West Asia for the past many years now. This comprises all varied sectors of travel including leisure, tourism, business, pilgrimage/religious etc.

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