FTAs in India during 2012 were 6.65 million with a growth of 5.4 per cent as compared to the FTAs of 6.31 million during the year 2011. FEEs from tourism in rupee terms during 2012 were Rs 94,487 crore (US$ 17.27 billion) with a growth of 21.8 per cent as compared to the FEEs of Rs 77,591 crore (US$ 14.18 billion) during the year 2011.
As per the Twelfth Five Year Plan, India's travel and tourism sector is estimated to create 78 jobs per million rupees of investment compared to 45 jobs per million rupees in the manufacturing sector.
FTA growth moderated to 5.4 per cent to reach 66.48 lakh arrivals in 2012. As a result, foreign exchange earnings (FEEs) growth in dollar terms that was 16.7 per cent in 2011 moderated to 7.1 per cent to reach US $ 17.74 billion in 2012.The hotels and restaurants sector with a 1.5 per cent share in India's GDP in 2011-12 is also an important sub-component of the tourism sector.