Mumbai, India’s most important cosmopolitan metropolis, attracts many tourists due to its well-known attractions, including busy marketplaces, fascinating beaches, towering skyscrapers and elegant five-star lodgings. Furthermore, prominent buildings such as the Gateway of India, Juhu Beach and the Elephanta Caves contribute to its cultural attractiveness. Mumbai is also a successful industrial centre, which is reflected in its varied variety of prospering industries, which include textiles, information technology, manufacturing and financial services.
Business landscape in Mumbai
Mumbai, often referred to as the ‘City of Dreams’, is a vibrant hub where a diverse range of businesses flourish, from well-established enterprises to burgeoning startups making their mark. Its strategic location near natural harbours and ports greatly facilitates the transportation of both raw materials and finished products for industries based here. Among the prominent business sectors thriving in Mumbai are textiles, IT, financial services, manufacturing and entertainment.
List of top travel companies in Mumbai
Thomas Cook
Industry: Travel, Tourism, E-commerce
Company Type: Industry Top
Location: Lower Parel, Mumbai, Maharashtra – 400013
Founded in: 1881
Thomas Cook (India) began operations in Bombay in 1881 and later became a private Ltd. travel firm in October 1978. They get credit for introducing the world’s package tour. Thomas Cook (India) Ltd., headquartered in Mumbai, India, provides a wide range of travel services, including foreign exchange, international and domestic vacation packages, visa assistance, passport services, travel insurance, and Meetings, Incentives, Conferences, and Exhibitions (MICE).
Akbar Holidays
Industry: Travel, Tourism
Company Type: Industry Top
Location: RD Street Fort, Mumbai, Maharashtra- 400001
Founded in: 1978
Akbar Travels of India, the leading travel agency in operation since 1978, offers world-class service and total travel solutions under one roof. Catering to individuals, families, and groups, Akbar Holidays offers a wide range of products and services, including escorted group tours, customised holidays, holidays of India, and MICE (Meetings, Incentives, Conferences, and Exhibitions). With a meticulously planned itinerary and a passionate commitment to total quality travel, Akbar Holidays delivers value-added services and makes every trip a cherishable memory for a lifetime.
J M Mehta Travel and Tour
Industry: Travel, Tourism
Company Type: Industry Top
Location: Santacruz, Mumbai, Maharashtra – 400001
Founded in: 1999
J M Mehta Travel And Tour Company Private Limited is a renowned travel and tour company in Mumbai, India, established in 1999. It is recognised by the Department of Tourism, Government of India. The company specialises in travel solutions within India and the Indian Subcontinent, creating innovative itineraries for independent travellers and groups.
Cozmo Travel Mumbai
Industry: Travel, Tourism
Company Type: MNC
Location: Andheri East, Mumbai, Maharashtra – 400072
Founded in: 2015
Cozmo Travel, a member of the Air Arabia Group, is an independently run IATA-certified Travel Management Company headquartered in Sharjah, UAE. Established in 2015, Cozmo Travel is a one-stop shop for all your travel needs, offering air ticket booking, rental cars, cruise bookings, hotel booking, and local attractions. Cozmo Travel also specialises in customised tours and packages to suit your preferences. With its extensive global network and local expertise, Cozmo Travel is committed to providing its customers with the best possible travel experience at competitive prices.
BCD Travel
Industry: Travel, Tourism
Company Type: MNC
Location: Western Express Hwy, Mumbai, Maharashtra – 400059
Founded in: 2006
BCD Travel, founded in 2006, is a global leader in simplifying managed business travel across 109 countries. With nearly 13,800 skilled professionals, BCD Travel has achieved TMC Elite partner status with SAP Concur. Their innovative solutions benefit travellers, travel managers, and procurement teams, streamlining processes and improving the travel experience.
Riya Travel & Tours
Industry: Travel, Tourism
Company Type: Industry Top
Location: Andheri East, Mumbai, Maharashtra – 400059
Founded in: 1992
Riya Travel & Tour, founded in 1992, is a major travel firm that primarily services the needs of travel partners in India, Canada, the United Arab Emirates, and the United States. Riya Travel & Tour is a well-established brand in the travel and tourist business, with over 15 travel solutions offered to consumers. Through service quality and value-based solutions, the firm is devoted to providing the ‘ideal trip experience’ for the traveller and achieving the organisation’s travel program goals.
Ezeego One Travel & Tour
Industry: Travel, Tourism
Company Type: Industry Top
Location: Colaba, Mumbai, Maharashtra – 400039
Founded in: 2006
Ezeego One Travel & Tours Limited is a leading online travel agency that offers a comprehensive range of travel services, including flight bookings, hotel reservations, holidays and package tours, car rentals, bus tickets, cruises, and travel management services. The company was established in 2006 and serves customers worldwide. Ezeego is committed to providing its customers with the best possible travel experience through its team of experienced travel agents and value-added services.
Kesari Tours
Industry: Travel, Tourism
Company Type: Industry Top
Location: Mahim, Mumbai, Maharashtra – 400016
Founded in: 1984
Kesari Tours, a leading Mumbai travel agency since 1984, offers world-class travel experiences, exotic trips, and unique destination concepts for ladies, students, senior citizens, and all. They are known for their innovation in the Indian tourism industry, with special tours and services tailored to their customers’ needs. Kesari Tours is committed to providing the best possible travel experience with a wide range of services and a team of experienced tour managers.
Trinity Air Travel & Tours
Industry: Travel, Tourism
Company Type: SMEs
Location: Santacruz, Mumbai, Maharashtra – 400029
Founded in: 1982
Trinity Air Travel & Tours, established in 1982, is a one-stop travel shop for all your travel needs, offering affordable, customised vacations in India and around the world. They specialise in hotel booking, air tickets, passport assistance, foreign exchange, visa services, and car rentals. With a team of experienced and knowledgeable travel agents, Trinity Air Travel & Tours is committed to providing their customers with impeccable service and helping them create unforgettable travel experiences.
Nishnai Holidays
Industry: Travel, Tourism
Company Type: SMEs
Location: Dadar West, Mumbai, Maharashtra – 400028
Founded in: 2009
Nishnai Holidays is a major travel agency that provides complete travel services such as trip planning, hotel booking, ticket bookings, transportation, and customised packages to highlight India’s distinctive culture and landscapes. Nishnai Holidays, which was founded in 2009, also provides a variety of other services, such as passport help, foreign exchange, insurance, visas, vehicle rentals etc.
Cleartrip
Industry: Travel, Tourism, E-commerce
Company Type: Industry Top
Location: Lower Parel, Mumbai, Maharashtra – 400011
Founded in: 2005
Cleartrip, a Flipkart company, is India’s fastest-growing online travel technology company. It offers the single most comprehensive travel experience to users through its award-winning online platform. Cleartrip’s products are intuitive and customer-centric, offering a wide selection of flights and hotels at competitive prices.
Young Tour & Travel
Industry: Travel, Tourism
Company Type: MNC
Location: Dharavi, Mumbai, Maharashtra – 400017
Founded in: 2007
Young Tours & Travel is a well-recognized, reliable, and preferred tour operator located in Dharavi, Mumbai. They offer a range of carefully curated day tours around the vibrant city of Mumbai, guaranteeing exciting and authentic experiences brought to you by their knowledgeable and friendly guides. They are appreciated for their affiliation and reach to an extensive network of hotels, commuting facilities, and other resources essential for a perfectly planned tour.
Commercial real estate demand in Mumbai
Office space: As a thriving commercial and financial centre, Mumbai draws a sizable workforce and corporate customers. With the establishment of travel firms, there may be an increased demand for office space, particularly in places near transportation hubs and tourist attractions.
Rental property: This increased demand may push up rental rates in certain regions, making it more difficult for enterprises to get prime office space. Furthermore, the presence of travel firms may have a knock-on effect on the local economy, hospitality industry, and overall real estate market as businesses and visitors come to the area, creating a dynamic and growing rental landscape.
Impact: The rise of travel companies in Mumbai has increased demand for commercial real estate. Increased occupancy rates in office buildings and rental properties are contributing to rising property values in prominent areas, making real estate investments more profitable in the city.
Impact of travel companies on Mumbai
Travel agencies in Mumbai play an important part in the city’s economy and tourist industry. Mumbai, India’s financial hub and a popular tourist destination, benefits greatly from these businesses. They assist domestic and international travel by providing a variety of services, such as tour packages, transportation, and lodging reservations. These enterprises produce jobs, encourage local businesses, and contribute to the city’s revenue through taxes and levies. Furthermore, they advertise Mumbai as a dynamic and culturally rich destination, drawing tourists from all over the world and improving the city’s worldwide image and economic prosperity.
FAQs
What are the different sectors of tourism?
The tourism industry comprises eight key sectors: Accommodation, Food & Beverage, Adventure Tourism & Recreation, Transportation, Attractions & Retail, Travel Trade, Events & Conferences, and Tourism Services.
What are the major types of tourism industries?
Tourism takes on three fundamental forms: domestic tourism, inbound tourism, and outbound tourism. By blending these, we unveil supplementary categories: internal tourism, national tourism, and international tourism, each adding depth to the tapestry of travel experiences.
What are some of Mumbai's top tour companies?
Some of Mumbai’s top tour companies are Thomas Cook, Riya Travel & Tours, Akbar Holidays, Kesari Travels, Cleartrip and Trinity Air Travels & tours.
What makes Mumbai so vital to the tourism industry?
Mumbai's charm stems from its numerous attractions. It's a city of compelling contrasts and experiences, including the Elephanta Caves, Juhu Beach, and the Bandra-Worli Sea Link, from the renowned Gateway of India to the luxurious Taj Mahal Palace, peaceful Siddhivinayak temple and lively Marine Drive.
What is the reason behind Mumbai being referred to as the ‘Gateway of India’?
The Gateway of India, situated along the waterfront in South Mumbai's Apollo Bunder area, stands as a symbolic ceremonial entrance to India for the Viceroys and the newly appointed Governors of Bombay. This historic monument, perched on the edge of Chhatrapati Shivaji Marg, offers a commanding view of the Arabian Sea, serving as a welcoming gateway to the nation.
Mumbai is often referred to as a mega-city primarily due to its prominence in which industry?
Mumbai is often regarded as a mega-city due to its largest population of millionaires in India. It is India's unofficial financial capital and serves as the epicentre of the Hindi film industry, commonly known as Bollywood. Also, it is the country's second-largest metropolis.
What is the finest neighbourhood to stay in Mumbai?
The finest neighbourhoods to stay in Mumbai for families include Colaba, Worli-Lower Parel, Dadar-Matunga-Parel, Juhu, Powai, and Borivali, each offering unique amenities and lifestyles to suit different preferences.
What industries are flourishing in Mumbai?
Textiles, entertainment, finance, information technology, manufacturing, ports, healthcare, media, hotels, real estate, education, and retail are among the city's thriving industries, generating economic growth and diversity.
Why is Mumbai famous?
Mumbai is known for its bustling metropolis, historical landmarks such as the Gateway of India, thriving Bollywood film industry, diverse culture, vibrant street food, and dynamic business opportunities, making it a globally recognised and culturally rich city.
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Saswat Kumar, a real estate writer, keeps up with the latest trends in residential real estate. He simplifies complex real estate jargon, making it accessible to all. Saswat’s data-driven analysis empowers buyers and investors to make informed choices in the housing market.
