FCM Travel Solutions, the Indian subsidiary of Flight Centre Travel Group Australia, has launched its two new stores in prime locations of Nashik and Aurangabad in Maharashtra.
This strategic expansion augments FCM Travel Solutions in the state of Maharashtra to seven outlets: 40 Travel Money outlets and 32 Travel Tours stores across India.
FCM’s has identified Maharashtra as a high potential market and the company has hence chosen Nashik and Aurangabad and the state as a key driver of its all-around strategic plan:
Commenting on the aggressive expansion, Gagan Malhotra, Vice President, Foreign Exchange, FCM Travel Solutions, India says, “The latest additions in Nashik and Aurangabad is a reinforcing of our strategic intent at FCM Travel Solutions- to expand our footprint across key markets. Maharashtra state has been a powerhouse in our success story and these new outlets in prime retail locations will take us a step closer to our consumers’ doorstep! With our distinctive and innovative customer-centric services witnessing a strong uptake, our foreign exchange business is witnessing an impressive 133% growth over last year.”