India has registered a huge increase in foreign direct investment (FDI) equity flow in the tourism and hospitality sectors in this fiscal year. As per report by the Department of Industrial Policy & Promotion, FDI in the
tourism and hospitality sectors totalled Rs 4,041 crore in 427 projects from April 2011 to January 2012 . This is the highest equity flow recorded in the tourism and hospitality sectors in the last four years with the April 2009-March 2010 period witnessing Rs 3,566 crore of FDI in 582 projects.
Click here to see the original article>tourism and hospitality sectors totalled Rs 4,041 crore in 427 projects from April 2011 to January 2012 . This is the highest equity flow recorded in the tourism and hospitality sectors in the last four years with the April 2009-March 2010 period witnessing Rs 3,566 crore of FDI in 582 projects.