Thursday, October 26, 2006

Future Group forms alliance with Travel Port

More on Kishore Biyani's Future Group:

The Economic Times reports that The Future Group has tied up with Travel Port a Rs. 20 crore travel house, for bringing in travel in retail. The company’s first outlet opened in Pune’s Central Mall and the company plans to open 50 outlets across the country, including one at each Central Mall.
“There was a lot of talk of travel coming into retail, but we have launched it first in India. Now, just as one buys a pair of sunglasses, or trousers, one can also buy air tickets or travel packages .

With four franchisees and a branch in Pune, the city is the third largest contributor to Travel Port revenues after Mumbai and Delhi.

“We are looking at a turnover of Rs 15 crore till next fiscal only from this store in Pune,” said Travel Port India’s chief executive officer OK Venkatesh.

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