Mahindra Holidays to tap Indian
diaspora for growth
Mahindra Holidays plans to expand its business by tapping the Indian diaspora living in UAE, UK and Africa. Mints Zahra Khan explains.
Mahindra Holidays considering tapping Indian populace in UAE, UK
As per news reports, Mahindra Holidays and Resorts India Ltd (MHRIL) is wanting to extend its business by tapping the Indian diaspora in nations, for example, the UAE and the UK and in Africa, as per organization authorities. “Sri Lanka is an agreeable applicant. What’s more as business develops, we would assess having a greater vicinity in Malaysia and whatever remains of Thailand… and on the off chance that we discover tens and many individuals going to Europe, we will surely assess it,” Arun Nanda, Chairman, MHRIL, said, according to a report by Zahra Khan and P R Sanjai in Min
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The extent that India is concerned, the “whole East is an open door and that is the first thing we are taking a gander at, and the rise stations in Bengal are an alternate open door,” said Nanda. He plans to include 1,000 units in the following two years.
“An unit for our situation is a mixof an one-room, a two-room and a studio,” he said. The rupee’s devaluation is just helping its cause, as indicated by Rajiv Sawhney, Managing Director and CEO, Mahindra Holidays. “The UAE reaction has been extraordinary. All of a sudden, what I was offering to you for USD 10,000 now requires USD 8,000,” he said.