Overseas Travel Spending Indians Plummets 16% to $1.09 Billion in March: RBI Data Signals Downturn

Indian globetrotters have pulled back significantly on their overseas travel plans. Fresh Reserve Bank of India data reveals overseas travel spending Indians faced a sharp 16% drop in March, declining to just $1.09 billion from $1.31 billion the previous month, the steepest monthly fall since geopolitical tensions erupted across West Asia. The slowdown reflects broader economic caution as travellers navigate rising uncertainty and airspace disruptions.