ITDC for duty-free shops at small airports

New Delhi: India Tourism Development Corporation (ITDC) will set up duty-free outlets at special economic zones (SEZs) and seaports. ITDC would also bid for duty-free outlets at smaller airports, officials of the company said. The company, once the undisputed leader in India’s duty-free business, is looking at Pune, Nagpur, Mangalore, Calicut and Gaya airports. The Airports Authority of India (AAI) is expected to invite tenders for operating duty-free outlets at these airports later this year. Duty-free space is expected to be made available at some other smaller airports next year and we will bid for them too, the officials said.
ITDC has teamed up with Aldeasa of Spain to launch duty-free outlets at the Mumbai airports. The 50:50 joint venture has signed an agreement with Mumbai International Airport Ltd (MIAL) and the outlets are to be launched soon in a much bigger way than the ITDC outlets which are being run at the airport now.
26/07/07 G Ganapathy Subramaniam/Economic Times

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Categories: Airports Jul 2007, New Jul 2007