Pantaloon Retail India Ltd[Future group] in joint venture with Alpha Airport Retail Shopping have bagged a 3.25 year contract to run retail stores in Delhi International Airport.
The deal was signed with GMR and is valued at approximately Rs500 crores. [$110 Million]
Delhi International Airport, MD, Srinivas said “We are extremely pleased to appoint Alpha Future as the duty free operator for the Delhi Airport . Their extensive experience across the globe and in the country matches DIAL’s vision for providing world class experience to travellers at the Delhi Airport“.
They are likely to open high end stores like Armani, Gucci, Christian Dior, Calvin Klein, Nike, Swatch etc.
Tags: Retail India, Reliance Retail, Pantaloon Retail, Delhi Airport Shopping