The Hindu Business Line : Flemingo to set up duty-free shops in African countries

FLEMINGO Dutyfree Shop Pvt Ltd, a duty-free operator, plans to spread its wings to some airports in African countries and to Bali and Jakarta, according to Mr Atul Ahuja, Director.

The company was incorporated in the UAE two years ago and has invested about $8 million in setting up outlets.

He said that Flemingo operates 25 stores from the arrival and departure terminals of 12 Indian airports across three regions - north, south and west.The company also has licence to operate duty-free shops in seaports at Chennai, Visakhapatnam, Haldia, Goa and Mumbai.

Mr Ahuja said that though Indians shop a lot in duty-free shops outside India, duty-free shopping at Indian airports is still a new concept. The average spend in duty-free shops internationally is about $14 per person while in India, it is among the lowest at $2 per person, he said.

In cities such as Amritsar, Jaipur and Lucknow, where duty-free shops have been set up for the first time, the company also has to educate the passengers about the advantages of shopping at the duty-free shops.Internationally, for airports, 70 per cent of the revenue comes from non-aeronautical services, but in India, only 25 per cent comes from this segment.

He said that in India, retailing in airports is still evolving in terms of space, ambience and environment. Currently, the stores stock alcohol, tobacco and confectionery imported mainly from Europe.

Mr Ahuja said that there were plans to stock Indian tea, cashew and Indian liquor brands.

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