According to one of the company's top managers, the online travel technology platform Cleartrip expects to maintain its growth momentum in 2027. This growth will be fueled by stable increases in the air travel sector and the growing contribution of non-aviation business segments.
Manjari Singhal, Director of Growth and Business at Cleartrip, told PTI that the growth rate doubled in 2026, and the company plans to sustain a similar momentum this year while striving to improve its business structure. She noted that the share of non-aviation business, which includes hotels, buses, trains, and package tours, is expected to increase, alongside continued growth in the aviation business.
Singhal added that Cleartrip's metrics are growing 8 to 10 times faster than the industry average in the air travel segment. The non-aviation business share reached 27 percent, and by the end of 2027, the company aims to increase it to approximately 40 percent.
In the first half of this year (January-June), Cleartrip, which belongs to Flipkart, demonstrated an overall annual growth of 40 percent, as clarified by Singhal. The company is working to expand its range of services and implement solutions to transform from a simple booking platform into a comprehensive travel platform.
Singhal emphasized that high demand for growth and the provision of additional services such as foreign exchange (Forex), visa services, and alternative accommodation are anticipated in the current and next year, which is part of the transition from a booking platform to a full-fledged travel platform. She added that travelers' needs are constantly changing, and the company must evolve with them, representing a continuous process.
The company has already begun working on alternative accommodation, which will soon become available. Recently, Cleartrip entered the package tour market with a focus on personalization, allowing customers to modify hotels, events, and flights within expert-curated itineraries. Singhal views this launch as a long-term strategic investment rather than a reaction to current market conditions, believing that the travel market holds significant growth potential despite short-term industry weakness.
Speaking about the industry as a whole, Singhal noted that activity in travel has been declining since March due to geopolitical tensions and the war that began in late February. Although a slight stabilization was observed in May, subsequent increases in aviation fuel prices, fare hikes, and capacity reductions continue to negatively affect demand.
She stated that domestic passenger traffic is currently down by about 5–6 percent, and if current trends persist, annual passenger traffic could be 0–5 percent lower than the previous year. International travel has not yet returned to pre-March levels because high airfares limit tourists' budgets. As a result, travelers are either canceling trips or making compromises, such as choosing domestic destinations over international ones or opting for more affordable accommodation.
The slowdown has affected both domestic and international package tours, but road trips, personal vehicle travel, and short weekend getaways are gaining popularity. Singhal reported that Cleartrip's platform has seen a 30–40 percent increase in road trip activity, although industry data on this metric is unavailable.