Thomas Cook India Opens Forex Counters at the New Vizag Airport in Bhogapuram
Thomas Cook (India) Limited, India’s leading omnichannel foreign exchange services company, has expanded its airport foreign exchange network with the opening of forex counters at Alluri Sitarama Raju International Airport, Bhogapuram, strengthening its presence in the Visakhapatnam market and the wider Andhra Pradesh region.
New Forex Counters in Visakhapatnam
- Location: Alluri Sitarama Raju International Airport, Bhogapuram.
- Purpose: Provide convenient access to foreign exchange services for international travelers from Visakhapatnam and Andhra Pradesh.
- Significance: Strengthens Thomas Cook India’s presence in a fast-growing Tier 2 market.
India Forex Report 2026:
- Tier 2 cities = 41% of overall forex demand
- Tier 3 cities = 12%
- Together = 53% of demand, showing “Emerging India” as the next growth engine.
Visakhapatnam’s role:
- New airport expected to handle 2.8 million passengers annually.
- Current international routes include UAE and Singapore, with more Southeast Asian connectivity anticipated.
Broader Strategy
- Expansion of airport forex counters across key aviation gateways:
- Delhi: Reopened counters at Terminal 1 & 2 (June–July 2026).
- Bengaluru: Multiple counters opened earlier in 2026.
- Transaction mix shows diverse demand: leisure travel, employment-related travel, reconversion (NRIs/foreign nationals), and student travel.
Strategic Impact
This expansion aligns with India’s shifting travel geography, where Tier 2 and Tier 3 cities are driving outbound travel and forex demand. By strengthening its airport presence, Thomas Cook India is positioning itself to capture this emerging wave of international travelers.
