InterGlobe, Dufry to set up 48 Hudson News Cafes in India
InterGlobe, the parent company of IndiGo Airlines, has signed an agreement with Switzerland-based Dufry to establish and operate retail outlets under the latter's Hudson News brand across various transportation nodes like airports, metro and train stations in India.
November 10, 2011 / 21:18 IST
InterGlobe, the parent company of IndiGo Airlines, has signed an agreement with Switzerland-based Dufry to establish and operate retail outlets under the latter's Hudson News brand across various transportation nodes like airports, metro and train stations in India.
InterGlobe Retail, a wholly owned subsidiary of InterGlobe Enterprises, and Dufry International AG, Switzerland, have entered into a pact to set up 48 Hudson News Cafes across all six existing lines of Delhi Metro.The outlets would offer reading materials, snacks, bottled beverages, health and beauty aids and other travel convenience items to daily commuters.A joint InterGlobe Retail and Dufry team will work with DMRC to develop around 2,000 square meters of retail space throughout the DMRC network over the next six months."Our traditional stronghold in the travel domain equips us to harness the emerging opportunity in the travel retail segment and we are delighted to associate with Dufry and DMRC to roll out the country's first set of Hudson News Cafes across Delhi metro stations. With Dufry's global experience and extensive travel retail expertise, coupled with DMRC, we are looking forward to redefining the travel retail experience for metro commuters. Over the next few years we will jointly expand our retail footprint nationally across major travel / transit points in the country," Siddhanta Sharma director of InterGlobe Retail said.Julian Diaz chief executive officer of Dufry Group, added, "This association with InterGlobe marks our foray into the Indian market. Together with InterGlobe we are looking forward to redefining convenience travel retailing in India, starting with Delhi as we deliver a truly unique shopping environment at the metro stations. InterGlobe and DMRC are both strong partners and we are convinced that this will prove to be a strong team for the further development of travel retail in India."InterGlobe and Dufry jointly commissioned an in-depth market research to create a product offering specially tailored to needs of the Delhi Metro customers. Under the Hudson News brand, InterGlobe Retail aims to provide the best retail experience to the passengers by adapting each operation to the unique requirements of each station. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
