The airline, which had launched its first flight between Bangalore and Goa on June 12, would start daily operations from Bangalore to Kochi and vice versa from July 20, an airline spokesperson said.
In a statement, AirAsia India CEO Mittu Chandilya said, "We have done a complete analysis on our third destination and we are confident we will be able to reach out to more first time fliers."
Announcing "our third destination Kochi, within a few days of our launch," he said "we will stand by our promise to deliver a quality product to our guests that promises value for their money. ... We are very encouraged by outstanding reception to our product and service."
AirAsia India will be operating twice-a-day flight on the Bangalore-Chennai-Bangalore route from June 19, besides the daily flight between Bangalore and Goa.
The no-frill carrier is a 49:30:21 joint venture involving Malaysian low-cost carrier AirAsia Berhad, Tata Sons and Arun Bhatia's Telstra Tradeplace.
AirAsia India would focus on connecting tier-II cities offering fares about 35 per cent lower than the prevailing market rates, Chandilya had earlier said.
The other budget carriers are IndiGo, SpiceJet and GoAir, besides Air India Express and JetLite.