Thomas Cook India’s wholly owned subsidiary - Travel Corporation (India), has successfully subscribed to 49% of equity share capital of TCI-Go Vacation India, a joint venture company with DER Touristik Group.
Earlier in May, Travel Corporation (India) had entered into Joint Venture (JV) Agreement with DER Touristik Group to form a Joint Venture Company ‘TCI Go Vacation India’ to be operational from Delhi NCR.
Thomas Cook is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business. The company set up its first office in India in 1881.