Mumbai International Airport Ltd (MIAL) recently awarded the duty-free retail contract for the Chhatrapati Shivaji International Airport to a joint venture between Madrid-based airport duty-free retailer Aldeasa and the duty-free unit of state-owned ITDC. “During the three-year contract, MIAL expects to garner revenues of Rs571 crore,” said Manish Kalghatgi, general manager, MIAL, which is a joint venture between GVK Group, Airports Company South Africa, Bidvest and the Airports Authority of India.
The GMR Infrastructure-led consortium, which was given the mandate to modernize the IGI airport in Delhi, has awarded a three-year, Rs500 crore duty-free shopping contract to the Alpha-Pantaloon consortium, comprising UK-based Alpha Airports Group Plc. and Pantaloon Retail (India) Ltd of the Future Group.
The new Alpha-Pantaloon duty-free shops will run one outlet in arrivals and four in departures, covering an area, in total, of about 8,000sq. ft.
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