Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.AAI issues seven-year retail tender at Chennai Airport
By Andrew Pentol |
Last year Chennai International Airport handled more than 18m passengers.
The Airports Authority of India (AAI) is seeking a master concessionaire to design, build, finance, operate and maintain general retail outlets at Chennai International Airport.
The concession spans 12 locations covering more than 1,000sq m and the contract is for seven years.
It is based on a minimum annual guarantee of Rs11.88m ($178,000) or 20% fixed revenue share on monthly net sale depending on which is higher.
The deadline for submissions was 27 April.
Available products will include gifts and toys, tobacco, jewellery and watches, electronics, footwear/leather accessories and writing stationary/instruments, but crucially not liquor which is a key category across Indian duty free.
Last year, the airport handled in excess of 18m passengers of which more than five million were international and 13m domestic.
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