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Clash of the Titans: MakeMyTrip vs. ClearTrip vs. Yatra

posted Jul 25, 2014, 4:24 AM by Samarth Homey   [ updated Jul 25, 2014, 4:25 AM ]
Although the online travel industry in India has been growing rapidly from 2005 onwards, the industry is still to consolidate and mature. Air travel dominates the current scenario, with 60% market share ahead of railways which contributes 15% of the market (solely from IRCTC). Hotels constitute 13% and the rest is split between buses and cars. The ecommerce industry in India, currently pegged in the range of $11-16 billion, has over 70% of the numbers coming from the online travel sector, with the rest coming from retailing. By the end of 2015, the Indian online travel market is expected to hit a gross online bookings number of $12.5 billion, with a huge push coming from mobile traffic. ... read more on