Hospitality chain Oyo chief executive for India Aditya Ghosh is betting on his experience in successfully building the low-cost carrier IndiGoNSE -1.37 % to wade through the present-day economic woes.
Citing his experience at IndiGo, which weathered the 2008-09 crisis in the aviation sector and since then became the largest carrier controlling half of the domestic aviation market, he said there will be takers for cheap but quality services of you have the right model.
“I was in a similar role at IndiGo. What I saw was that when this kind of circumstances (of slower economic growth) happen, a lower cost product at better quality fundamentally, wins,” he told on the sidelines of a company event here Thursday.
