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TQ3 India eyes bigger share of corporate travel market.

Asia Africa Intelligence Wire

| July 29, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

Mumbai, July 28 - A SEGMENT that has grown and kept pace with the improving corporate profile of the country, India's corporate travel market is today estimated at no less than $3-billion (around Rs 15,000 crore).

Keen to account for a bigger share of this market, TQ3 India, the travel management company, has embarked on an expansion plan within the country.

"We want to emerge the market leaders in the next three years. Currently, we have a presence in four cities, and hope to be in 10 by the year 2006," says Mr Ajay Bali, CEO and Managing Director.

The company has targeted a five per cent share of a market, which …

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