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India's emergence as an outbound tourism powerhouse, prompts the question of whether Maldives can afford to overlook this market for an extended period.

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Amid rising diplomatic tensions, India has now slipped to the fifth position for tourist arrivals into Maldives in January, with just over 13,000 visitors, as per the latest data from the Maldives tourism ministry. Russia claimed the top spot for inbound arrivals in the Maldives in January, followed by Italy, China, and the UK.

Between January 9-29, a little less than 11,000 Indian tourists visited the Maldives, a decline attributed to the #BoycottMaldives movement in India, fueled by a diplomatic dispute.

This movement was triggered by accusations from Indians, claiming that Maldivian politicians made derogatory remarks against Prime Minister Narendra Modi. The controversy originated from a social media dispute following Modi's visit to the Lakshadweep islands, where he shared picturesque images on social media platform X.

At the beginning of 2024, India ranked as the third-largest source market for Maldives, holding a 7.6% market share. In 2023, it stood as he largest tourism source market for the island nation, contributing over 11% to the total of 1.8 million tourism arrivals.

In the previous year, Maldives welcomed 209,198 Indian arrivals, narrowly surpassing Russia's 209,146 arrivals.

In the aftermath of the dispute, online travel agency EaseMyTrip declared the suspension of all flight bookings to the Maldives, a move characterized by its Co-Founder and CEO, Prashant Pitti, as an act of "solidarity with the nation."

Reports on social media had suggested cancellations of over 8000 hotel bookings and more than 2500 flight tickets by Indians to Maldives.

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