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March 17, 2023

The Hindu – Most Indian businesses to increase travel budget in 2023: AmEx-Cebr study

With business travel across domestic and international markets showing a rebound post-pandemic, some 77% of Indian businesses expect to increase their travel budget in 2023 compared with 2022, a survey commissioned by American Express India with the Centre for Economics and Business Research (Cebr) said on Thursday.

Manish Kapoor, VP and Head, Global Commercial Services (GCS), American Express Banking Corp., India said, “The sentiment is upbeat for corporate travel in India. While the past two years resulted in a temporary decline in business travel, domestic travel has resumed, and almost surpassed pre-pandemic level.”

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