TRAVEL MONITOR
Indian travel and leisure companies start knocking on thailand's door
More Indian companies are set to open shop in Thailand to explore business opportunities here and across the Asean region in the wake of the wide-ranging economic, cultural and educational agreements signed between the two countries last month. That will pave the way for a boom in Indian leisure and business travel, convention and exhibition delegates and VFR travel to, from and within the India-Asean circuit.
"We've already started getting a number of inquiries about procedures (to establish companies here)," Indian ambassador Anil Wadhwa said. The key business sectors of interest are pharmaceuticals, automotive, agriculture and agricultural machinery, gems and jewellery and information technology.
Asked why Indian companies were choosing Bangkok as against any other Asean capital to take advantage of a future Indian-Asean Free Trade Agreement, he cited the ease of connectivity, especially with cities such as Kolkata, as being one reason. Indians also felt more comfortable living in Bangkok from a social and cultural perspective.
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About the author
- Writer: Imtiaz Muqbil
- Position: Executive editor of Travel Impact Newswire
