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Delhi International Airport Ltd (DIAL) surpassed the 48 million passenger mark in FY2015-16, witnessing a growth of 18 per cent in traffic over the previous year.
Very high returns for some brands from their airport stores explain why this format is turning so lucrative.
In its quarterly update to the BSE, the company said that the eyewear division is committed to increasing its market share further through aggressive geographical expansion and a calculated foray in eCommerce space.
According to a latest report by Euromonitor International, India is touted to be THE leader in top-ten fastest growing eyewear market during 2016 to 2021 fiscal followed by UAE, Thiland, Malaysia, China and others.