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Indians are big spenders in UK

Indian visitors to London spent more money than their Japanese counterparts last year, reports Vijay Dutt.

Updated on: May 08, 2007 04:00 AM IST
None | By , London
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Indian visitors to London spent more money there than their Japanese counterparts last year, according to figures provided by Visit London, the foremost agency engaged in promoting tourism of the British capital.

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Until recently, the Japanese were considered the richest and most liberal of spenders, after the Americans. Yet in 2006, although the number of Indian tourists in London was, at 212,000, marginally less than the number of Japanese at 230,000, the former spent a good deal more. Indians spent £139 million (Rs 1,180 crore) and the Japanese £123 million (Rs 1,040 crore).

For the first time, Indian tourists were also noted as “good spenders”, underlining the scale of the emerging Indian middle class, the strength of the country’s booming economy and the fact that India overtook Japan last year to become the second largest investor in Britain, after the US.

“The booming economy and growing bilateral trade have given a boost to Indians coming here,” said a spokesman for the British Tourism Authority.

A record 15 million tourists flocked to Britain in 2006 — representing a 9.5 per cent increase over 2005 — and spent £7.5 billion, another record.

Email author: vdutt@aol.com

 
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