NSE:CORDELIA management interview: India Cruise Tourism Growth Story Decoded by Waterways Leisure CEO
Zee Business, 2026-07-02. Video: https://www.youtube.com/watch?v=unpA5MtYKws
- Lease rental structure: The ₹1,500 crore bareboat charter lease liability is structured across a 10-year period in monthly installments funded through operational cash flows and internal accruals.
- Fleet capacity expansion: The company plans to add two ships by next year, expanding total capacity by 250% from 800 to 2,800 cabins and increasing luxury suites and balconies from approximately 70–80 to around 900.
- Cruise market potential: Management targets an addressable market of 200 million Indians, with corporate and MICE travel contributing 30% of total business alongside destination weddings.
- Infrastructure growth plans: Leveraging the government's Cruise Bharat Mission and the planned development of 27 new ports over the next 4–5 years, the company aims to expand into river cruising and private island destinations such as Lakshadweep.