Consolidation important, EbixCash will lookout for special interest acquisitions: Naveen Kundu

Analysing the revival plans for the tourism industry post-COVID-19crisis, Naveen Kundu, Managing Director, EbixCash Travel & Holidays has said that there will be a lot of behavioural changes in the industry including a complete price realignment for every tourism product. He said that post-COVID-19 crisis, rationalisation and consolidation will become important they will look at special interest acquisitions going forward when the situation is normalised.  “Ebix has always been bullish about the Indian market. Post COVID-19, there will be a complete paradigm shift in the industry, which will make a consolidation opportunity for us. We will be looking at special interest acquisition and continue the way we have progressed in the Indian market. Among sectors, I believe MiCE industry will be the first one to bounce back,” said Kundu.

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