Which organization in collaboration with Yes Bank has released the report titled "India Inbound Tourism: Unlocking the Opportunity" indicating that India's MICE tourism grow by 8% a year?
Options
A. NASSCOM
B. Institute of Chartered Accountants of India
C. Confederation of Indian Industry(CII)
D. Federation of Indian Chambers & Industry (FICCI)
Correct Answer
Federation of Indian Chambers & Industry (FICCI)
Explanation
The report titled "India Inbound Tourism: Unlocking the Opportunity" published that India's MICE (meetings, incentives, conferences and exhibition) tourism are growing at 8 per cent a year. The report is published by the Federation of Indian Chambers & Industry (FICCI) in collaboration with Yes Bank.India has ranked 24th in MICE tourism worldwide. Out of 12,563 international meetings held in 2018, India hosts only 175 meetings which are around 1.4% and MICE tourism was pegged at Rs 25,000 crore with a yearly growth of 8%.In 2018, India ranked 5th in the Asia Pacific region in MICE tourism. The top four countries were Japan followed by China, South Korea and Australia.
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