Thomas Cook India Expands Services for Indian Enterprises in the EU via Cyprus Subsidiary

Mumbai, June 2 :Thomas Cook Limited, India’s omnichannel travel services company, continues to strengthen its strategic engagement across the India–Europe corridor through its Cyprus subsidiary, Travel Circle International Limited, alongside Eurobank’s growing presence in India, to support Indian enterprises expanding into Europe.

Thomas Cook India earlier announced its entry into the European Union in 2025 with the launch of its first office, TCI Euro, in Cyprus. The office was created to meet the evolving business‑travel needs of Indian corporates and multinational clients operating throughout Europe. The early move into Cyprus gives Thomas Cook’s enterprise clients access to EU‑exclusive travel options, preferential rates and other advantages. TCIL’s strategic expansion into Cyprus also aligns with the rising momentum in India‑EU trade, as growing Indian businesses look for enhanced access, localized offerings and seamless cross‑border operations.

Eurobank’s representative office in Mumbai will facilitate cross‑border corporate transactions and investments between India and Europe and is viewed as a strategic step in deepening financial connectivity between the regions.

The services provided by Thomas Cook and Eurobank together form an ecosystem covering travel services, financial services and cross‑border investments, designed to both enable and benefit from the broader India‑Europe growth potential—particularly in view of the India‑EU Free Trade Agreement concluded in January 2026, which creates a massive trade zone encompassing nearly 2 billion people and representing 25 % of global GDP.

Mr. Indiver Rastogi, President & Group Head – Global Business Travel, Thomas Cook (India) Ltd. said, 

“Our launch in Cyprus last year marked a significant milestone in Thomas Cook India’s international growth journey and strengthened our ability to serve clients across the European Union region. Together with Eurobank’s expanding presence in India, this builds a strong ecosystem for Indian enterprises eyeing Europe as a growth market. By pairing our on‑the‑ground operations in Cyprus with Eurobank’s cross‑border financial expertise, we are well positioned to facilitate seamless business mobility and deliver integrated travel and business solutions across the EU.”

Mr. Michalis Louis, CEO, Eurobank Ltd. said, 

“I am pleased with the establishment of our India representative office in Mumbai, as it underscores both our recognition of India as a strategically important market for Eurobank and the rising importance of the rapidly developing business and economic ties between India and Europe. We see a powerful opportunity to collaborate with Thomas Cook India (through their Cyprus subsidiary TCI Euro) to support Indian enterprises operating in—or planning expansion across—the EU region.”