26/11 Mastermind Tahawwur Rana to Be Extradited to India; Check the Economic Cost of Mumbai Tragedy

Outlook Business Desk

26/11 Attacks Mastermind to Return

India is making arrangements to bring back Tahawwur Rana, one of the masterminds of 26/11 Mumbai terror attacks. Security has been tightened in Delhi and Mumbai as the country prepares to seek justice after 15 years. He will be initially in the custody of NIA for the first few weeks.

Image by Free Pik

Markets Took a Hit

Investor confidence shattered in a single day. The Bombay Stock Exchange (BSE) reacted sharply after the attacks, dropping more than 600 points. Market sentiment turned negative, with foreign investors pulling back and businesses delaying decisions.

₹50 Cr Spent on Kasab

Ajmal Kasab’s capture brought rare justice, but also a heavy cost. India spent more than ₹50 crore on keeping him secure, covering legal procedures, medical care, and high-alert prison surveillance.

image from Free Pik

Taj Rebuilt at High Cost

The Taj Mahal Palace Hotel stood as a symbol of Mumbai’s spirit, but the attack left it damaged and scarred. Its restoration involved a careful blend of historic preservation and modern security upgrades, costing an estimated ₹500 crore.

Image by Free Pix

Tourism Declined Sharply

In the aftermath of 26/11, international travellers and business delegations cancelled trips in large numbers. Hotel bookings dropped, airlines reported losses, and the hospitality sector struggled to rebuild trust.

Image by Free Pix

Spending Increased Due to Safety Concerns

Following the attack, India significantly increased funding for city surveillance systems, coastal security, and counter-terror response units. It marked a long-term financial commitment to national safety.

Image by Free Pix

India Remains on 'Priority Watch List' of US Trade representatives: Know Key Highlights

Read More