Record High: Cruise Tourism Hits 4.7 Lakh Footfall in 2023-24

27 Apr 2024 CW Team

Cruise tourism in India reached a historic milestone in the fiscal year 2023-24, with footfall soaring to an unprecedented 4.7 lakh visitors, according to data reported by the Ministry of Ports, Shipping, and Waterways. This remarkable surge reflects a growing interest and demand for cruise travel among both domestic and international tourists.

The significant increase in cruise tourism footfall underscores the sector's resilience and potential for growth, despite challenges posed by the COVID-19 pandemic. The surge in visitors is attributed to various factors, including enhanced infrastructure development, promotional efforts, and the diversification of cruise offerings catering to different market segments.

The Ministry's data highlights the positive trajectory of cruise tourism in India and reaffirms the government's commitment to further boosting the sector. Investments in port infrastructure, streamlined regulatory frameworks, and collaborative efforts between public and private stakeholders have contributed to making India an attractive destination for cruise travellers.

Moreover, the record-high footfall in cruise tourism signifies the sector's economic impact, generating employment opportunities and stimulating local economies along cruise routes. As cruise tourism continues to gain momentum, there is immense potential for further expansion and development, with opportunities for new destinations, routes, and onboard experiences.

Overall, the surge in cruise tourism footfall in 2023-24 reflects India's emergence as a key player in the global cruise industry and underscores the sector's contribution to the country's tourism landscape and economic growth.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..