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"We see great potential in the Indian duty free market. With the increase in the number of budget airlines and privatisation of airports, the country is witnessing a rise in air passenger traffic and duty free shops are doing brisk business. Flemingo, with their successful track record in the duty free market, is our ideal choice for this venture,'
said Tawhid Abdullah, managing director, Damas.
Damas will offer its in-house gold jewellery brands like Harmony, Legacy and diamond brands like Solitaire at the 3 international airports.
Atul Ahuja, director, Flemingo India, said, 'We try to get the best discounts and products for our customers to ensure a great shopping experience. Our tie up with Damas will make quality jewellery and watch brands more accessible to shoppers.'
Headquartered in Jebel Ali Free Zone, Flemingo is the first private player in the Indian duty free market to have set up operations in the country in 2003 following privatisation of airports.
Today the company operates 25 shops at the international arrival and departure terminals across 12 international airports in India. An additional 12 retail duty free shops at 6 Indian international airports shall be operational by January 2007.
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Posted by Janeta Novakovic, Assistant News Editor
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