Cox and Kings to open 20 more franchises

Cox and Kings India, a travel company, plans to take its count to 100 by the end of this financial year. Company officials confirmed that the expansion will be through franchising.

The company has 80 franchises and would be adding another 20 very soon. This has been planned keeping in mind the success of year 2010 for travel and tourism companies. In the last few years, the company has successfully tapped markets in tier II and III cities like Meerut, Varanasi, Patiala, Siliguri and Raipur, among many others.

Cox and Kings India registered 18 per cent growth in net profit in March 2010 quarter in comparison to its previous March quarter.