India’s travel and tourism market had a market value of USD 23.8 billion in 2025 and is projected to reach USD 39.6 billion by 2034. The market is expected to grow at a CAGR of 5.62% during 2026-2034. Domestic holidays, pilgrimage travel, stronger road and air connectivity, online booking, rising disposable income and demand for experience-led travel are driving this expansion. India’s large domestic traveller base gives the sector considerable depth, while inbound and outbound travel add further opportunities for tourism companies.
Tourism companies in India operate through very different business models. Some are online travel agencies handling flights and hotels, some specialise in package tours and group holidays, while others focus on railway tourism, corporate travel, foreign exchange, holiday ownership or activity bookings. Technology has made comparison and booking easier, but customers still look for dependable service when an itinerary involves visas, transfers, multiple destinations or organised tours. This mix of digital convenience and travel expertise has created space for several strong national brands. The strongest companies also have to respond quickly to changes in airfares, visa rules, seasonality and traveller behaviour. Trust remains important because customers often depend on the travel company when a booking changes, a connection is missed or a multi-city itinerary becomes complicated. This is why service quality still matters even in an increasingly digital market. Let us have a look at the top 10 tourism companies in India in 2026 and the areas in which they have built their presence.
1. MakeMyTrip
MakeMyTrip is one of India’s biggest online travel platforms, covering flights, hotels, buses, trains, holiday packages and other travel services. Its consumer brands also include Goibibo and redBus, giving the group reach across several booking categories. The company helped move a large part of Indian travel planning online and continues to benefit from mobile-first booking behaviour.
What stands out:
- Broad online travel-booking ecosystem
- Strong presence in flights, hotels and ground transport
- Goibibo and redBus extend its consumer reach
2. Thomas Cook India
Thomas Cook India is an established travel-services company with businesses spanning leisure travel, corporate travel, foreign exchange, meetings and events and other travel-related services. It serves individuals as well as companies and institutions, giving it a wider model than a pure online booking platform. Its long operating history and distribution network remain important strengths.
Where it is strong:
- Leisure, corporate travel and foreign exchange services
- Strong physical and digital customer reach
- Handles holidays, meetings and business travel
3. IRCTC
Indian Railway Catering and Tourism Corporation has a unique position in Indian tourism because it combines railway ticketing with packaged tours, tourist trains, catering and travel products. Its rail-based tourism packages reach destinations that may not fit the standard flight-and-hotel model, while special tourist trains give it access to pilgrimage and themed travel at national scale.
A quick look:
- Rail-linked tourism and package tours
- Operates tourist and pilgrimage train products
- Massive digital reach through railway ticketing
4. EaseMyTrip
EaseMyTrip grew as an online travel agency focused on flight bookings and expanded into hotels, buses, holiday packages and other travel services. Its relatively asset-light technology model and strong consumer brand have helped it compete with larger platforms. The company has also used partnerships and acquisitions to widen the set of services available on its platform.
Its main strengths:
- Online flights, hotels, buses and holidays
- Strong digital and mobile booking presence
- Expanded through partnerships and acquisitions
5. Yatra Online
Yatra is an established Indian online travel company serving both retail travellers and corporate clients. It offers flights, hotels, buses, trains and holiday packages, while corporate travel management is an important part of its business. This mix gives Yatra exposure to leisure demand as well as the more structured requirements of companies managing employee travel.
Why it matters:
- Strong corporate-travel management business
- Online booking across major travel categories
- Serves both individual and enterprise customers
6. SOTC Travel
SOTC is a long-running holiday and tour brand in India and is part of the Thomas Cook India group. It is particularly associated with escorted group tours, international holidays, domestic packages and customised vacations. Its offline expertise remains useful for travellers who want itinerary planning, visa assistance and guided tours rather than assembling every component independently online.
What to know:
- Known for escorted and packaged holidays
- Domestic and international tour portfolio
- Strong itinerary-planning and assisted-travel model
7. Mahindra Holidays & Resorts India
Mahindra Holidays operates the Club Mahindra vacation-ownership model. Instead of functioning mainly as a ticketing agency, it focuses on resort holidays through memberships and a network of vacation properties. This makes the company a different kind of tourism player, with revenue linked to long-term holiday memberships and recurring resort usage.
Key areas:
- Club Mahindra is its flagship holiday brand
- Large resort and vacation network
- Membership-based tourism model rather than standard OTA model
8. Veena World
Veena World has developed a strong position in organised group tourism, particularly among Indian families, senior travellers and customers who prefer guided itineraries. The company offers domestic and international tours along with customised holidays. Its model places more emphasis on tour management and group experience than on simply selling a flight or hotel room.
Its market presence:
- Strong escorted group-tour business
- Domestic and international itineraries
- Popular with travellers seeking end-to-end trip management
9. Kesari Tours
Kesari Tours is another established Indian packaged-tour operator with a strong base in western India. It offers group tours, customised holidays and international packages across a wide range of destinations. The company built its reputation in the pre-OTA era and continues to compete by providing guided schedules, tour managers and structured group experiences.
What defines the company:
- Long-standing package-tour operator
- Strong group-tour and family-travel focus
- Wide domestic and international destination coverage
10. Thrillophilia
Thrillophilia represents the experience-led side of modern tourism. The platform focuses on tours, activities, attractions and destination experiences rather than only transportation and hotel inventory. This model has become more relevant as younger travellers increasingly spend on things to do at a destination, including adventure, local experiences and short curated trips.
At a glance:
- Focus on activities and destination experiences
- Strong digital discovery and booking model
- Relevant to adventure and experience-led travel
Conclusion
India’s tourism market is broad enough that the leading companies do not all compete in the same way. MakeMyTrip, EaseMyTrip and Yatra are technology-led booking platforms; Thomas Cook, SOTC, Veena World and Kesari are strong in assisted and packaged travel; IRCTC has railway-linked scale; Club Mahindra focuses on holiday ownership; and Thrillophilia sells experiences. For travellers, the right company depends on whether the priority is lowest-effort online booking, a guided tour, corporate travel support or a fully planned holiday. For travellers, the biggest brand is not automatically the best choice for every trip. A simple domestic flight may be easiest through an online platform, while a complex international itinerary or escorted group holiday may benefit from a specialist. Cancellation terms, visa support, hotel quality, on-trip assistance and transparent pricing deserve as much attention as discounts. In 2026, the strongest tourism companies are those that combine convenient booking with dependable service when travel plans become complicated.
