In India, Travel and Transportation business is one of the largest in the world. Total contribution by travel and transportation sector to India’s GDP is expected to increase from US$ 136.3 billion in 2015 to US$ 275.2 billion in 2025. Travel and tourism is the third largest foreign exchange earner for India. In 2014, the country managed foreign exchange earnings of USD 19.7 billion from travel.
India’s travel and transportation industry has huge growth potential. The transportation industry is also looking forward to the expansion of E-visa scheme which is expected to double the transportation flow to India. Rating agency ICRA LTD estimates the revenue growth of Indian transportation industry strengthening to 9-11 percent in 2015-16. India is projected to be the fastest-growing nation in the travel sector in the next five years, clocking over 20 per cent gains annually through 2017, according to a study conducted by SRI International.
CodeYeti has worked closely with one of the strongest contenders in this industry and helped figure out the best marketing strategies for their organization and end to end solutions.
Traditionally, transportation management systems did not have any industry infrastructure that could ensure the smooth swap over of information throughout the supply chain. An online reservation system for travel booking was introduced to handle the outdated booking systems so that requests and queries can be worked out in an efficient and speedy manner.
The smooth and easy progress and technologically advanced solutions that we provide will help you get an effective online travel and transportation tool. Having a much of experience in providing Travel and Transportation Industry solution, CodeYeti Software Solutions is there to help you in addressing those challenges. Our expert team can assist you with an excellent travel website development, which can satisfy the customer’s desires, provide end-to-end visibility across the supply chain, and reduce cost.
So let’s have a word regarding your idea or project. If you want to gain more knowledge regarding a particular sub-industry of Travel and Transportation, check the below categories.