India has long been one of the choicest tourist destinations due to its multicultural experiences, natural beauty, and it’s lush. Tourism is considered as significant revenue generator as well as a source of foreign exchange in our Indian Economy. The tourism industry has been affected globally during pandemic, pushing big hotel chains and internet platforms for cancelling reservations in the Asian country. This paper focuses on the COVID-19 issue in India towards tourism industry and along with relationship between different variables like foreign exchange rate and number of Foreign Tourist Visits and Foreign Exchange Earnings in India. This paper concluded that that there is high degree of correlation between number of Foreign Tourist Visit and Foreign Exchange Earnings that is 0.99 where as there is moderate correlation of Exchange Rate with Foreign Exchange Earnings (FEE) and number of Foreign Tourist Visit. The regression results states that the FEE has positive impact on Exchange rate and number of Foreign Tourist Visits. Due to Covid 19 the number of foreign visits goes down as well as foreign earning are also reduced.

Tourism, Covid-19, Earnings, Correlation, Regression.