With markets around the world in a bit of chaos, it’s interesting to note one India travel company reporting astonishing growth. According to news from MarketWatch, MakeMyTrip Limited is going like gangbusters – the company has posted an over 50% YoY profit increase. The India’s leading travel portal may soon lead more than just India.
Already the world’s largest online travel portal in revenue terms, this hasn’t stopped Expedia from eyeing the Indian travel industry as its next big market. Can Expedia garner a significant share of this market? Only time and India travelers will tell.