28.6.08

Cruise Shipping in India gets the nod

The decks have been cleared for India’s entry into the lucrative and high-profile luxury cruise business with the cabinet adopting the cruise shipping policy.This will help India carve a prominent space in world tourism.Cruise shipping will showcase India as a major destination of world tourism. It will also have spillover effect on other sectors. It will generate enormous employment opportunities.The $14 billion global cruise shipping industry is growing at 12% every year, with a passenger base of 10 million. India’s share is only 2%.

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