India's travel sector is flourishing with heritage, medical, and business tourism leading the charge. Explore top stocks by market capitalization shaping this industry.
India's travel industry contributes approximately ₹14,78,600 Crore ($178 billion) to GDP and is projected to reach ₹10,25,000 Crore ($125 billion) by 2027. Here are the companies that dominate this industry.
Market Cap: ₹61,050 Crore The Indian Railway Catering and Tourism Corporation (IRCTC) was established in 1999 by the Government of India. Headquartered in New Delhi, the company is the primary catering and hospitality services provider of the Indian Railways. Data as of 18th December 2024. Source – NSE
India's travel industry contributes approximately ₹14,78,600 Crore ($178 billion) to GDP and is projected to reach ₹10,25,000 Crore ($125 billion) by 2027. Here are the companies that dominate this industry.
Market Cap: ₹11,200 Crore Based in New Delhi, EaseMyTrip simplifies travel planning through its user-friendly platform. It offers services like flight bookings, hotel reservations, and holiday packages. Data as of 18th December 2024. Source – NSE
Market Cap: ₹6,000 Crore Thomas Cook, a legacy brand in travel services, is based in Mumbai. Known for forex, corporate travel, and leisure packages, it caters to a global audience. Data as of 18th December 2024. Source – NSE
A Gurgaon-based company, Yatra Online excels in corporate travel management and holiday packages, catering to both domestic and international travelers. Data as of 18th December 2024. Source – NSE
Makemytrip Ltd is perhaps one of the most recognizable brands in the leisure and travel space – offering ticketing, holiday bookings, and more. While the company has a market cap of approximately $12.28 billion, it is listed on the Nasdaq in the US. As of December 2023, the company had no plans to list on Indian exchanges. Data as of 19th December 2024. Source – CNBC TV18, Google Finance
The travel and leisure industry in India, led by giants like IRCTC and EaseMyTrip, showcases immense potential with contributions of ₹14,78,600 Crore ($178 billion) to GDP. For more interesting web stories and blogs, head over to the Bajaj Broking website. Data as of 18th December 2024. Source – NSE