Mumbai: Making headway in its maiden international airport project in Bali, Indonesia, Indian airport operator GVK has awarded the duty free and retail contracts to Dufry and DFS, two of the leading airport retailers.
GVK Airports, a diversified infrastructure company based out of Hyderabad, manages airports in Mumbai and Bangalore. It bagged a management contract from the Indonesian government to manage non-aeronautical and commercial operations at Denpsar International Airport in Bali in 2012.
DFS and Dufry are top travel retailers in the world and have been competing with each other to gain number one slot for some years now. DFS is holding the number one position followed by Dufry currently.
GVK said the contract with both these companies is for a five-year period and the airport operator targets a seven-fold increase in revenues through duty free and retail sales.
10/05/13 Economic Times
