Avolta Expands Duty-Free Operations to Kolkata Airport

Avolta AG, trading under SIX: AVOL, has secured a seven-year contract at Kolkata's Netaji Subhash Chandra Bose International Airport. This move marks Avolta’s strategic entry into Kolkata, extending its duty-free operations beyond Bangalore Airport in India.

With this agreement, Avolta will open six stores in the airport, split between departures and arrivals, enhancing its presence in a significant transportation hub. Kolkata's status as a major metropolitan city in eastern India provides access to an expansive travel market. This positions Avolta as a reliable partner in India's airport sector.

Freda Cheung, Avolta's President and CEO Asia Pacific, emphasized that the Kolkata contract is a vital step in bolstering Avolta’s influence in Asia Pacific’s dynamic travel landscape. The initiative is aligned with Avolta’s Asian expansion strategy.