Saturday, September 16, 2006

Retailers rush to set up stores at new Bangalore airport

The Economic Times reports:

Several multinational companies such as the Nuance Group, DFS Group, Alpha Airports Group, Dufry Group and Gebr Heinemann are lining up to operated stores and other retail services at Bangalore’s new international airport. Domestic retailers such as Shoppers’ Stop and Pantaloon and other companies like the Oberoi Group are also showing keen interest in the venture.

India Tourism Development Corporation (ITDC), the government run organization that runs duty-free shops at most airports is not on the list as it has not qualified. Arianta is another major company that has not made the grade. The Bangalore International Airport (BIAL) met bidders at a meeting on Thursday and has short-listed potential bidders into five sets, including food retail and retail facilities.

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