| GMR Hyderabad International Airport Limited (GHIAL), which is developing the Rajiv Gandhi International Airport in Shamshabad, has awarded retail bookstore concessions to Landmark and Odyssey India Limited. Each concession agreement is for a period of three years starting from the Airport launch in March 2008.
Landmark belongs to the Tata Group, while Odyssey is a subsidiary of Deccan Chronicle Holdings Private Limited. They will offer extensive range of newspapers, magazines, books, music and movies in the warm international shopping ambience and friendly service from their courteous staff.
These retailers have emerged the preferred bidders to bag the bookstore concessions based on technical and financial parameters such as their background, network of operations in India, proposed categories of merchandise for the bookstore outlets, concept planned for these outlets and financial proposals.
As per the contracts, Landmark will set up and operate a bookstore in the Passenger Terminal Building - Domestic Departure and Arrivals area, in the Airport Village - in the airport covering approximately an area of 80 sq. meters, whereas Odyssey will set up and operate its bookstore in the international departures spread over an area of 42 sq. meters.
Both the concession partners would complete the interior works of their stores before December, 2007 and be ready to commence the business operations by February, 2008.
Speaking on the awarding of the bookstore concessions, Mr T Srinagesh, COO - GMR Hyderabad International Airport Limited, said: "Both Landmark and Odyssey have all India presence and are most admired leisure retail chains in the country. We believe that these large format book retailers will offer wide choice to book lovers at the Airport."
Ms. Hemu Ramaiah, CEO - Landmark said, "We look forward to the opportunity of providing an international shopping experience with the finest range of books these stores can hold!"
Mr. T.S. Ashwin, MD - Odyssey India Limited said, "We are very proud to be associated with this prestigious project and thank GHIAL for giving us this opportunity. GHIAL has aimed at setting new benchmarks in airport design, infrastructure and passenger experience at the Rajiv Gandhi International Airport. Odyssey has, on its part, always had classy interiors, relaxed ambience and superior customer service and experience as its differentiators. We believe this is a perfect match of like minded partners and are very confident that we will be able to live up to the passengers expectations and give them a truly world class shopping experience."
About Landmark:
Landmark (www.landmarkonthenet.com), the first large format book retailer in India, commenced its operations in 1987 with its first store in Chennai. Landmark currently has 10 stores nationwide - Chennai (3), Bangalore (1), Mumbai (1), Vadodara (1), Gurgaon (1), Pune (1), Ahmedabad (1) and Lucknow (1). The company deals with a wide range of products which include books, magazines, stationery, music, movies, gifts, home store, toys and mobile phones, that cater to the needs of all age groups.
Everything at Landmark is focused on customer satisfaction maximisation with well-trained staff, the best customer order process, home delivery of books/ music and an efficient querying system.
About Odyssey:
Established in 1995, Odyssey (www.odyssey.in), a premier leisure stores chain that sells Books, Music, Cards, Stationery, Gifts, Toys, Multimedia, and Magazines having 20 stores in 11 cities with Chennai (5), Hyderabad (3), Bangalore (4), one each in Coimbatore, Mumbai, Nagpur, New Delhi & NCR, Pune, Salem, Trichy, and Varanasi. Odyssey is expanding into newer markets through various verticals & formats besides expanding in existing markets.
Odyssey is a 100% owned subsidiary of Deccan Chronicle Holdings Limited, publishers of newspapers, Deccan Chronicle & Asian Age.
About GHIAL
GMR-HIAL is a joint venture company promoted by GMR Infrastructure (63 %); Malaysian Airports Holding Berhad (11 %), Airports Authority of India (13 %) and Government of Andhra Pradesh (13 %), with a mandate to develop a world-class international grade airport spread over 5,500 acres in Shamshabad, about 25 kms from the main city of Hyderabad.
The airport is being designed to handle 12 million passengers per annum with a total project cost of Rs. 2478 crore in the first phase scheduled to be commissioned in March 2008.
This project - Rajiv Gandhi International Airport - is set to position Hyderabad as a prominent player in the global aviation map contributing to the prosperity, development and economic well-being of the region.
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