Travel & Entertainment (T&E) costs have emerged as the largest controllable expense within enterprise P&Ls in India, surpassing employee and administrative costs, according to the “India Travel & Expense Study 2025-26”, conducted by TravelSpends. The study uncovers significant contrasts in how multinational corporations (MNCs) and micro, small, and medium enterprises (MSMEs) manage travel, policy compliance, and digital adoption for fulfilment…
