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INR 18,000 cr loss reported in aviation industry amid West Asia crisis; inbound dips 15-20%: Report

INR 18,000 cr loss reported in aviation industry amid West Asia crisis; inbound dips 15-20%: Report

The escalating geopolitical tensions in West Asia have sent shockwaves through the global travel ecosystem, causing significant operational and financial disruptions for India’s travel, aviation, and hospitality sectors. India’s tourism and hospitality sector which contributes to nearly 8% to country’s GDP and support million jobs currently, has seemed to be taken a major hit too...