Thursday, May 24, 2012

Liquor is most sought-after item in duty-free shops

Chennai: Liquor is the most sought after item in duty-free shops at Indian airports.
It accounted for 63 per cent of total sales across airports compared to 17 per cent globally, according to Centre for Asia Pacific Aviation (CAPA).
For example, malts and premiums, which used to account for 41 per cent of the volume of whisky sold at airports, now account for 57 per cent. This is a function of supply as earlier there were limited products on offer.
Indian nationals are more likely to shop on arrival. In fact, Indian airports are unique in that arrivals stores generally outperform departures in terms of retail revenue, particularly as the best selling category is liquor, which passengers prefer to purchase when they return.
23/05/12 TE Raja Simhan/Business Line
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