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Original post by PLUS @ Skyscraperpage


CIAL scales new heights

Kochi wins best Indian retailer award

CIAL has the best duty free shop

Press Trust of India / Kochi April 24, 2008

The Cochin Duty Free shop at the Nedumbassery airport has won the 'Best Indian Duty Free Retailer' for 2007-08 from among 11 international duty free shops in India.

The award, conferred by the UK-based Mars International Travel Retail (MITR), would be received at the Tax Free World Association (TFWA) asia pacific retail conference at Singapore on May 13, CIAL Managing Director S Bharat said at a function at the Cochin Duty Free yesterday.

The Cochin Duty Free shop at the Nedumbassery airport here, which accounts for 30 per cent of CIAL's annual revenue, has registered a 44 per cent growth in revenue in 2007-08, netting Rs 42 crore turnover against the previous year's Rs 32 crore, he said. Full story