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Thomas Cook India and SOTC link business travel with golf

October 7, 2025 at 09:59 AM UTCBy FilingReader AI

Thomas Cook (India) Limited and its group company, SOTC Travel, have strengthened their position in India's fast-growing business travel sector by participating as team owners in the 3rd DLF Corporate Golf League 2025. This initiative underscores their commitment to innovative client engagement beyond traditional business interactions. India's business travel spending is projected to reach $1.57 trillion by the end of 2025, ranking fourth globally, according to the Global Business Travel Association (GBTA).

As part of their involvement, the companies hosted "An Evening Under the Stars," bringing together senior corporate leaders and clients for networking, insight-sharing, and future-focused collaboration. Indiver Rastogi, president & group head – global business travel, highlighted the exceptional growth of India's corporate travel sector, driven by increasing globalization and demand for meaningful engagement platforms.

CRISIL has upgraded Thomas Cook (India) Limited's long-term bank facilities to 'CRISIL AA/Stable' and short-term bank facilities and debt to 'CRISIL A1+', reflecting the highest rating for a travel and tourism company in India. This financial stability complements their strategic moves in the corporate travel and MICE segments, which have earned them multiple industry accolades, including MICE Powerhouse at MaxiiiMICE Awards 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:THOMASCOOKBombay Stock Exchange

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