News Summary

• If Indian cities were more liveable, walkable and enjoyable, we would attract a lot more foreign direct expenditure (FDE) According to the tourism ministry’s dashboard, that is how much 20 million international tourists, including non-resident Indians, spent in total in 2024.
• If we had attracted 40 million tourists last year, our macroeconomic position would be a lot less stressful.
• It is time Indian policymakers started paying serious attention to foreign visitors as an important source of foreign currency earnings.