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Alpha-Pantaloon bag Delhi airport duty free contract
Wednesday, 15 November 2006, 20:30 IST
New Delhi: The duty free shopping at capital's Indira Gandhi International Airport is set to get a face lift with a consortium of Britain's Alpha Airports Group Plc and Pantaloon Retail (India) Ltd, a Future Group venture, having bagged the contract.
"The Delhi International Airport (P) Ltd (DIAL) has awarded the duty free shopping contract for Indira Gandhi International Airport to Alpha-Pantaloon Consortium," GMR DIAL said in a statement Wednesday.
The value of the contract agreement signed by GMR DIAL with Alpha-Pantaloon consortium is estimated to be around 
5 billion. The term of the contract is 39 months.
With a promise to bring international retailing standards to Indian airports, the Alpha stores at Delhi Airport will feature an extensive range of products by some of the most popular global brands including Armani, Gucci, Christian Dior, Calvin Klein, Nike and Swatch.
"The brands for India have been selected after careful research in passenger demographics, customer profiling and destination requirements," the official GMR DIAL statement said.
Alpha Airports Group Plc has extensive experience in duty free retailing with more than 140 retail outlets across 40 locations in the Britain, Europe, the US, and South Asia. In Asia, it has outlets in Kochi in Kerala, Colombo, Kathmandu and Male.
"We are extremely pleased to appoint Alpha Future as the duty free operator for the Delhi Airport. Their extensive experience across the globe and in the country matches DIAL's vision for providing world class experience to travellers at the Delhi Airport," said Srinivas Bommidala, managing director of DIAL.
DIAL is a joint venture company comprising the GMR Group, Airports Authority of India, Fraport, Malaysian Airport and India Development Fund. It has been given the contract for modernization, restructuring and maintenance of the Delhi Airport for 30 years with an option to extend it by another 30 years.
The first phase of the upgradation plan would be ready with the completion of a new integrated terminal building in 2010.
Source: IANS
5 billion. The term of the contract is 39 months.
With a promise to bring international retailing standards to Indian airports, the Alpha stores at Delhi Airport will feature an extensive range of products by some of the most popular global brands including Armani, Gucci, Christian Dior, Calvin Klein, Nike and Swatch.
"The brands for India have been selected after careful research in passenger demographics, customer profiling and destination requirements," the official GMR DIAL statement said.
Alpha Airports Group Plc has extensive experience in duty free retailing with more than 140 retail outlets across 40 locations in the Britain, Europe, the US, and South Asia. In Asia, it has outlets in Kochi in Kerala, Colombo, Kathmandu and Male.
"We are extremely pleased to appoint Alpha Future as the duty free operator for the Delhi Airport. Their extensive experience across the globe and in the country matches DIAL's vision for providing world class experience to travellers at the Delhi Airport," said Srinivas Bommidala, managing director of DIAL.
DIAL is a joint venture company comprising the GMR Group, Airports Authority of India, Fraport, Malaysian Airport and India Development Fund. It has been given the contract for modernization, restructuring and maintenance of the Delhi Airport for 30 years with an option to extend it by another 30 years.
The first phase of the upgradation plan would be ready with the completion of a new integrated terminal building in 2010.
Source: IANS