Kreol Retail International Business, part of the Kreol Group has launched operations with Cochin Duty Free at Cochin International Airport.
Headquartered in Dubai, the main objectives of the company are to provide trained talent for brand owners to promote their products and staffing solutions in airports in various departments such as customer services, retail, logistics and airlines.
Lal Arakulath, CEO, Kreol Group said: “Our focus will be to provide comprehensive services to airports in India.”
According to Arakulath, the group companies are engaged in activities such as travel retail distribution (in the Indian subcontinent, Middle East and Africa) and the landside distribution of food, apparel and footwear (across the domestic markets of Arabian Gulf countries). One group company is in a joint venture with Dufry in India.
Citing the fact, the aviation sector currently contributes $72bn to India’s GDP and total pax traffic across India’s 464 airports at the start of 2019 already surpassed 316 million, Arakulath commented: “Freight traffic, particularly international cargo, has been growing steadily too and the maintenance-repair-overhaul industry is poised to touch over $1bn by next year.
“In these circumstances, we see substantial potential for growth now and in the future.”