New Delhi: Duty-free shopping in the city could soon become a reality. Other than the airport, the Delhi Duty Free Service (DDFS) is exploring the possibility of setting up an outlet within the city to boost sales.
However, the proposed shop will be limited to overseas travellers, embassies and expatriates, among others.
The off-airport duty-free concept, which is present in several countries, such as Thailand, the Philippines and Brazil, is another means of boosting sales.
In India, this will be the second attempt at setting up a downtown duty-free shop. Earlier, State-owned India Tourism Development Corp had rolled out one, but had to shut it due to poor performance and regulatory issues. “The downtown duty-free concept is an idea whose time has come in India. Our data shows that on several occasions, customers may be keen to shop but are unable to do so because of various reasons. This concept will allow them to shop within a specified time period at the duty-free shops present within the city limits,” Arun Barathi, COO, Delhi Duty Free, told Business Line.
Barathi said DDFS would be approaching the Central Board for Customs and Central Excise to seek its approval.
Read News in Full 26/07/13 Business Line
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