GROWTH OF SHIPPING TONNAGE

Article Abstract:

The domestic shipping tonnage stood at 58.89 lakh GRT in 1981. (khr) --------------------------------------------------------- Shipping tonnage in lakh GRT --------------------------------------------------------- Year Tonnage --------------------------------------------------------- 1961 9.01 --------------------------------------------------------- 1971 25.00 --------------------------------------------------------- 1981 58.89 --------------------------------------------------------- 1991 59.38 --------------------------------------------------------- 1995 70.01 --------------------------------------------------------- 1996 70.52 --------------------------------------------------------- 1997 68.78 ---------------------------------------------------------

Comment:

India: Domestic shipping tonnage stands at 58.89 lakh GRT in 1981

Deep Sea Foreign Transport, Deep Sea Freight Transportation, Marine transportation

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DESTINATION INDIA IS STILL FAR AWAY, SAYS STUDY

Article Abstract:

A study by Mahajan & Aibara indicates that India is not a popular destination for tourists. India attracts only 2.2 million or 0.4 percent of the world's 617 million tourists. This is attributed to lack of co-ordination between the government and the industry. The resource allocation for tourism is inadequate. India's tourism budget is $27.5 million compared to $51 million in Thailand and Singapore, and $88 million in Australia. Domestic tourism generated revenues of Rs20,000 crore in 197-98. The government earned foreign exchange of 13,000 crore from overseas tourists. The growth of tourism industry has been affected by lack of infrastructural facilities including proper air, road, rail facilities and additional hotel rooms. (pc)

Comment:

India: Country attracts only 2.2 mil, or 0.4%, of the world's 617 mil tourists

Domestic Travel by Foreigners, Tourism, Foreign visitors

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HERO HONDA EXPORTS FALL WITH ASIAN CURRENCIES

Article Abstract:

The exports of Hero Honda Ltd have declined by 30 percent to 5320 units in the first five months of 1998-99 against 7639 units in the first five months of 1997-98. The company's exports fell by 44 percent to 954 units in August 1998 against 1728 units in August 1997. The company's decline in exports is attributed to the devaluation of Asian currencies. It says that people are preferring Japanese-made motorcycles due to the depreciation of the yen. (khr)

Comment:

exports of Hero Honda Ltd have declined by 30 percent.

Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Hero Honda Motors Ltd.

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