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India’s luggage industry is likely to witness a revenue growth of about 15% on a yearly basis this fiscal on the back of higher penetration of hard luggage made by the organised sector and sustained growth in tourism and corporate ...
India’s economy represented by gross domestic product (GDP) grew 6.3% in the July-September quarter of FY23, helped by strong activity in the services sector, despite manufacturing output contracting unexpectedly. In comparison, the economy had expanded 13.5% in the June quarter ...
The Indian hotel industry is expected to register a significant improvement in profitability in the current fiscal aided by higher average room rate (ARR) and occupancy, according to a report by CRISIL Ratings. Profitability as represented by earnings before interest, ...
Indian hotel industry is expected to see its revenue increase by 45% from a decadal low in the previous fiscal helped by strong pent-up demand for leisure travel, opening up of international and corporate travel, and wide vaccination coverage, according ...