Post budget quote - Sudhakar Reddy, CEO and Founder, Abhibus.com

Author(s): City Air NewsMr. Sudhakar Reddy, CEO and Founder, Abhibus.com. “Road and highways are one of the most important components of infrastructure and has always been the focus of governments. Increased allocation for National Highways...

Post budget quote - Sudhakar Reddy, CEO and Founder, Abhibus.com
Author(s): 

Mr. Sudhakar Reddy, CEO and Founder, Abhibus.com.

“Road and highways are one of the most important components of infrastructure and has always been the focus of governments. Increased allocation for National Highways and moves to set up 5 special tourism zones in partnership with States are positive announcements for our sector.

Withdrawal of service charges on e-tickets booked via IRCTC, focus on digital infra development and announcement of AadhaarPay are positive moves for entire travel ecosystem. As Finance Minister emphasized cashless reservations have gone up. Post demonetization, we too have seen significant rise in online ticket booking and digital payment. We are confident these moves will help the sector to keep up the momentum.”

Date: 
Friday, February 3, 2017