Tuesday, May 08, 2007

Liquid ban at airports hits sales at duty-free shops

Hightened security levels at airports in the US, Europe and Singapore have banned sale of any form of liquids at duty free shops, a policy that is hitting the duty free stores at airports hard. Sales at the departure terminals in India account for 60% of total sales totaling to Rs 300 crore, which have declined by 30% in the months since the ban. Prices of goods at duty free shops are usually 15-20% cheaper than regular shops.

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