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Air India: Nonstop Flights to Phuket Signal Bold Expansion Move, Challenges IndiGo's Dominance

Air India, India’s premier international carrier, sets its sights on Phuket, Thailand, marking a significant expansion in its global network.

Commencing operations from December 15, 2023, the airline plans four weekly flights initially, ramping it up to a daily service by January 8, 2024. Phuket leads the pack among four new international destinations slated for launch by Air India before March 2024.

Thailand’s recent inclusion of India in its visa-free countries list from November 10, 2023, till May 2024 adds to the allure. While several carriers operate between the two countries, IndiGo reigns as the sole provider of flights to Phuket.

The move aligns with Thailand’s drive to bolster tourism by simplifying visa requirements, reaffirming its position as a global travel hotspot. Air India leverages its operational cohesion to facilitate seamless passenger transfers, gaining an edge over its competitors.

Air India’s strategic move aims to challenge IndiGo’s monopoly on nonstop Delhi-Phuket flights. The airline aims to capture a chunk of the approximately 5,000 daily passengers between India and Thailand, particularly the 200 flying nonstop from Delhi to Phuket.

With an eye on interline arrangements and plans for potential Mumbai-Phuket flights, Air India aims to disrupt IndiGo’s stronghold on the market. Their recent aircraft induction spree further bolsters their expansion plans, signaling their intent to compete aggressively.

While challenges loom, including higher operational costs compared to IndiGo, Air India’s bold steps signify a shift in its strategy. The airline’s calculated risk-taking and ambition for regional expansion hint at a dynamic future.

Air India’s maneuvers not only challenge IndiGo’s dominance but also indicate a broader shift in the airline’s approach. As the battle for market share intensifies, the aviation industry braces for a fierce contest between these aviation giants.

(With inputs from agencies)

 
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PM Modi Welcomes World To Invest In India, 'Won't Disappoint'

People of India are trendsetters and trailblazers when it comes to innovation, Prime Minister Narendra Modi said on Sunday and welcomed the world to invest in the country.

Modi's remarks came in response to a post on X which called India an ancient civilisation that is simultaneously like a startup country.

"I love your optimism and will add- the people of India are trendsetters and trailblazers when it comes to innovation," Modi said on X.

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Indian drug cos sees interest beyond China

Drugmakers are seeking to limit their reliance on Chinese contractors who produce drugs used in clinical trials and early-stage manufacturing, a move that is benefiting rivals in India, according to interviews with 10 industry executives and experts.

China has for nearly 20 years been the preferred location for a range of pharmaceutical research and manufacturing services due to the low cost and speed offered by contract drugmakers there.

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India-EU sign MoU on semiconductors

An India-EU Memorandum of Understanding (MoU) on semiconductors was signed on Friday, ahead of the Trade and Technology Council meeting in New Delhi, according to the Ministry of External Affairs press release.

The MoU was signed by Minister of Electronics, IT and Communications Ashwini Vaishnaw and the European Commissioner for Internal Markets Thierry Breton.

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Gautam Singhania breaking up Raymond, breaks my heart, says father Vijaypat

Vijaypat Singhania, former Chairman of Raymond, expressed deep disappointment witnessing his son Gautam Singhania "breaking up" the company. In an exclusive interview with Business Today, the 85-year-old businessman shared that it took a lot of time and effort to build Raymond's legacy, adding that seeing his son dismantle the company is heart-wrenching.

Despite his feelings, Vijaypat Singhania clarified that he refrains from intervening in Gautam's decisions.