For the first phase, BIAL has two spaces of 1,750 sq m for international travel retail and duty-free; and 450 sqm of mono brands parcel for domestic travellers.
Bangalore registered a movement of 69,670 aircraft in 2005-06, next only to Mumbai and Delhi in terms of domestic traffic.
South Indian states account for 21.5% of the country’s workforce engaged in retail which is pegged at 50 million.
Bangalore has the third largest market for wines in India after Mumbai and Delhi. The city consumes around 31,000 cases per annum as against one lakh cases in Mumbai and around 54,000 cases in Delhi, according to a survey conducted by the consultancy firm Brounens in July 2006.
The University of Michigan Business School has set up a research centre in Bangalore that studies managerial issues and emerging practices in leveraging global resources and accessing new markets.
Bangalore-based Cafe Coffee Day is the largest coffee chain in India with 435 outlets covering 82 cities. It will take the store count to 1,000 and cover 100 cities by March-2008. Mumbai, Bangalore and Delhi / NCR will take the bulk of the stores. Coffee Day also has around 40 outlets in the posh campuses of Infosys, Wipro and Accenture.
It is estimated that the total retail space by 2007 will spread over 5.6 million sq. ft., of which 0.45 million sq. ft. is to be occupied by department stores, 0.27 million sq. ft. by hypermarkets and 5.03 million sq. ft. by malls.
