BRICS LIFE

31.07.2613:00 Economy

Rare earth metals: resource for technological development of BRICS countries

29.07.2612:00 Personalities

Rais of Republic of Tatarstan Rustam Minnikhanov: "We are interested in developing cooperation both with BRICS countries and with states of South-East Asia, Islamic world and Latin America"

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Director General of M. I. Rudomino All-Russian State Library for Foreign Literature, Marina Zakharenko: "Without understanding of another’s culture, it is impossible to build dialogue and long-term partnerships"

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TV BRICS GLOBAL

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Leading Russian regional universities develop international cooperation through TV BRICS

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TV BRICS to provide international media coverage of China's BRICS chairmanship

13.07.2612:30 Culture

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18.04.24 10:30

Tourism

Experts predict the annual revenue of Indian tourism industry to grow

About half will come from package tours

India's tourism market will grow by 10 per cent in 2024, bringing in revenue of US$23.7 billion. This is reported by ANI, a partner of TV BRICS, citing expert forecasts. By 2028, the market may grow to US$34.25 billion.

The country had earlier announced 100 per cent foreign direct investment (FDI) in tourism-related ventures, including the development of hotels, resorts and entertainment facilities. The total FDI inflow into India in the fiscal year 2023-2024 will be US$17.96 billion.

Prime Minister of India Narendra Modi claims that India's efforts in this sector are centred on simultaneously preserving the country's rich heritage and building modern infrastructure.

The tourism landscape in India is diverse, with the package tour market being the largest segment, projected to reach US$10.48 billion in 2024. Analysts expect the number of users in the package tour market to grow to US$64.74 million by 2028.

Photo: iStock

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Sergey Lavrov

Russian Foreign Minister

"A Joint Statement of the Foreign Ministers has been adopted. It provides a clear and principled assessment of the situation on the international stage and outlines the tasks that will be addressed in accordance with previous decisions by heads of state and governments. No one doubts that additional documents on sectoral areas of cooperation will be developed ahead of the SCO summit in Bishkek. Energy, artificial intelligence, healthcare and a number of other areas were also mentioned"

Nitin Gadkari

India's Union Minister for Road Transport and Highways

"Our resolution has just been passed. It is very important as far as the BRICS countries are concerned, which cover 40 per cent of the world's population. We are committed to the futuristic development of the transport sector, to create cooperation, coordination and communication between the stakeholders. This resolution indicates a lot of new technology and innovation in the transport sector. It covers the road sector, railways, aviation and water transport"

Anutin Charnvirakul

Prime Minister of Thailand

"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"

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