Companies

Kuoni splits businesses

In line with its commitment to growing its VFS Global worldwide business and its Indian travel business, Kuoni has announced its decision to have a focused management team for each of these businesses.

Effective May 1, 2011, Zubin Karkaria, CEO and Managing Director of Kuoni India, will be CEO and Managing Director of VFS Global — which now has business operations in 50 countries handling over eight million visa applications annually for 35 diplomatic missions.

Rajiv Duggal will take over from Mr. Karkaria as the Managing Director of Kuoni India, and simultaneously Mr. Karkaria has been appointed as the Non-executive Chairman of Kuoni India and will continue to play a role in the strategic decision making process of the company.

The Indian travel and tourism industry has strong growth prospects, and being India's largest travel company, Kuoni is very well positioned to reap the benefits of this growth. Simultaneously, VFS Global, launched in 2001, has already become the world's leading outsourced consular services company and is eyeing even greater heights in its global operations.

According to the company, strengthening of its top management will ensure each business has a focused management team to fulfil its respective growth vision.

The Kuoni Travel Group, India, is the country's largest travel company with over 3,000 travel professionals and annual turnover of over Rs.2,360 crore.

Kuoni India's vision focuses on providing all travel and travel-related services to travellers from, within and to India.

This article is closed for comments.
Please Email the Editor

Printable version | Apr 11, 2021 7:44:44 PM | https://www.thehindu.com/business/companies/Kuoni-splits-businesses/article14938138.ece

Next Story