Identifying the state of Maharashtra as a significant growth market for its Foreign Exchange (FOREX) business, Thomas Cook (India) Ltd. has opened its branch at Hinjewadi, Pune.
The new outlet was inaugurated by Mahesh Iyer, Chief Executive Officer and Deepesh Varma, Head of Sales and Relationship Management-Foreign Exchange, Thomas Cook India.
Hinjewadi, as one of India’s largest Special Economic Zones (SEZ), is home to India’s corporate houses and MNCs, including top IT majors and hence, offers significant opportunity for Thomas Cook’s Foreign Exchange business.
This is reiterated via Thomas Cook India’s internal research which reveals the strong and growing potential of the city, being the gateway/hub for business travellers- young professionals, corporates and SMEs.
The new branch has further augmented Thomas Cook India’s Foreign Exchange network in Pune to six and 30 in the state of Maharashtra.
“Maharashtra has been identified as a key source market and Pune is a strong growth driver that continues to deliver over 30% YoY for our foreign exchange business. We have hence selected the prime location of Hinjewadi for our new outlet in Pune- its viable catchment of consumers across families, young professionals and business travellers offers us a significant opportunity,” said Iyer.
The new outlet gives the customers convenient access to products such as the Borderless Prepaid card, the One Currency Card and our FOREX mobile app are of great value to Maharashtra’s tech-savvy travellers, added Varma.