Sameer Mahandru, a well-known figure in the AlcoBev (alcoholic beverages) industry, shares his thoughts on the growth of India’s travel retail market and what’s driving it.
India’s travel retail market is growing fast. It’s expected to reach USD 2.47 billion by 2025 and could grow further to USD 6.56 billion by 2030, with a strong annual growth rate of 21.59%.
At New Delhi’s Indira Gandhi International Airport, 70% of the total earnings now come from non-aeronautical sources. Out of this, food, drinks, retail shops, and duty-free stores alone make up 34%. This shows that retail outlets at airports and other transit areas are becoming more important and profitable.
Sameer Mahandru says, “The numbers speak for themselves. The projected USD 6.5 billion shows how promising the future is. This growth isn’t because of just one reason—it’s due to several key trends coming together.”
One major reason is that people now have more disposable income and changing tastes. Many prefer premium and luxury products, which has increased spending at airports and other travel hubs. As a result, more people are shopping while traveling, leading to higher sales.
Indian Entrepreneur 
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