Aldeasa and ITDC win Mumbai contract

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Spanish retailer and former Indian monopoly win three-year duty-free deal at India’s busiest international airport

Mumbai International Airport Limited (MIAL) has appointed the joint venture between Aldeasa and former state monopoly India Tourism Development Corp (ITDC) to operate retail at the airport under a three-year contract. The deal marks another important step in the Spanish retailer’s international expansion.

Aldeasa and ITDC will occupy a 1,355sq m (14,580sq ft) departures store and a 700sq m (7,530sq ft) arrivals store at the airport. Their move will be greatly aided by the fact that ITDC is the incumbent at the stores, and the ease of switch over is likely to have been a key factor in the airport’s decision—the contract commences in June, which would have left a new retailer only a short time to occupy the premises.

MIAL chose Aldeasa/ITDC from a shortlist that also included Alpha Future (the joint venture between Alpha Airports Group and Future Group subsidiary Pantaloon Retail), DFS Group, Dufry Group (with local partner InterGlobe) and The Nuance Group (with Shoppers’ Stop).

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