Issue 45 - December 2022
Duty-free Joint Venture Contract at Bengaluru Airport
Dufry has secured an additional 15-year contract to operate and manage duty-free outlets in the Bengaluru Airport’s new Terminal 2. Dufry will be operating these new outlets in a 50:50 Joint Venture with airport operator Bangalore International Airport Limited (BIAL).
A global-open tender was launched in November 2021 and attracted participation from leading duty-free operators worldwide. The contract embraces more than 3,600 m² of retail space spread across International Departures and Arrivals in the new terminal. Kempegowda International Airport is the third-biggest airport in India handling over 33 million passengers each year (based on 2019 data) and Terminal 2 has been built to meet increasing passenger traffic in the years to come.
The joint venture is not restricted to core duty-free shops and will therefore enable Dufry to also explore opportunities for luxury retail and other formats.
Dufry, through its subsidiary Nuance, has operated duty-free shops at Kempegowda International Airport Bengaluru since 2008.