GMR Begins Duty-Free Operations at Delhi Airport
AVIATION & AIRPORTS

GMR Begins Duty-Free Operations at Delhi Airport

GMR Airports announced on Monday, 28 July, that it has commenced operations of duty-free shops at Indira Gandhi International Airport (IGIA), New Delhi — the country’s largest airport. The operations began at 00:00 hours on the same day.
The Delhi airport is operated by Delhi International Airport Ltd (DIAL), a consortium led by the GMR Group. According to a regulatory filing, the move is expected to deliver strong benefits for the company, particularly through high-margin non-aeronautical revenue streams. Until now, duty-free operations at IGIA were managed by a different entity.
In August last year, GMR Airports was selected as the successful bidder to develop, manage, and operate the duty-free business at the airport. The company also manages duty-free outlets at Hyderabad, Goa, and Kannur airports.
Shares of GMR Airports were trading flat at Rs 90.04 during the afternoon session on the BSE. 

GMR Airports announced on Monday, 28 July, that it has commenced operations of duty-free shops at Indira Gandhi International Airport (IGIA), New Delhi — the country’s largest airport. The operations began at 00:00 hours on the same day.The Delhi airport is operated by Delhi International Airport Ltd (DIAL), a consortium led by the GMR Group. According to a regulatory filing, the move is expected to deliver strong benefits for the company, particularly through high-margin non-aeronautical revenue streams. Until now, duty-free operations at IGIA were managed by a different entity.In August last year, GMR Airports was selected as the successful bidder to develop, manage, and operate the duty-free business at the airport. The company also manages duty-free outlets at Hyderabad, Goa, and Kannur airports.Shares of GMR Airports were trading flat at Rs 90.04 during the afternoon session on the BSE. 

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