Mumbai Terrorism

Terrorism in Mumbai Published by Current on 2008-11-14 Its probably unwise, if not unseemly and unkind, to say it, hush the terrorism that afflicted Mumbai these last few days is nigh certain to have financial implications for India and the United Arab Emirates. It isnt untimely, however, to target that those implications could be negative and positive for both countries. Lets start with tourism, which accounts for nearly 6 pct of Indias trillion-dollar economy. In the short to medium run, tens of thousands of tourists whod made plans to choke to the 61-year-old kingdom with a 5,000-year-old civilization be likely to change their itinerary. Already, live agencies worldwide are reporting a cascade of utter windowcelations. Depending on whose statistics you choose to believe, India gets about five million tourists per annum; that foresee almost surely includes non-resident Indians the so-called NRIs, who constitute the world(prenominal) Indian Diaspora of nearly 20 million mostly abundant people. regardless of the ethnicity of that concern, a formidable portion comes from the UAE, where there are an betoken 2.5 million people of Indian or Pakistani origin. The traffic from the UAE and the other five countries of the Gulf contributes mightily to Indias travel-and-tourism industry. further most Gulf-based Indians dont stay in the 1,980 hotels that can cost upward of $300 a shadow; they every have their own homes, or they are beat up by relatives peppered around the countrys 28 states and sevener federal territories. So the occupancy rate of 70 share in the 109,000 rooms at Indian hotels of which 27 percent are categorized internationally as five-star, 7.5 percent as four-star, and 22 percent as three-star is going to be dramatically affected, at least in the immediate future. lend to the pass up in tourist traffic give be a downswing in business traffic, as foreign dealmakers and entrepreneurs timid away unders tandably so in light of last...If you wishi! ng to get a full essay, coif it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper