The Pendulum is definitely swinging
towards ASIA, But staking a claim to a slice of the cake is a long
term approach - Juul Mortenson
The key differentiators in success
of travel retail industry is difference between duty-free rates of
the products compared to local markets prices and duty-free allowance
shopping offered in a country and tourist inflows, when one looks
at the travel retail industry, from the above perspective India Srilanka
and china offer most exciting growth opportunity.
Growth, Optimism and Possibility are
the new messages in the travel retail industry in the Asian Zone.
With Both India and China posed to become global heavy weights the
travel retail industry is rediscovering its capacity for rapid expansion,
recovery and revolution.
Both India and China posting a growth
in tourist arrivals at 31% and 29 % respectively International companies
are trying their hands on the Asian Travel retail scenario. The Upcoming
events like Olympics and commonwealth and Asian games scheduled in
China and Srilanka and India emerging as worlds most preferred destination
and as a region taking up aggressive measures to boost travel retail
industry and up the tourist flows, The south Asian region prima facie
looks aggressive and very attractive.
The Indian Travel Retail is coming
in for bidding in the Year December 2005 and Chinese due in December
2005 open numerous growth opportunities in this area.
For Companies
Interested to expand their opportunities in the ASEAN region we offer
following services:
1.Entry Strategies
2.Legalities
3.Bidding procedure and process
4.Documentation & Filing
5.Laisoning
6.Retail formats
7.Staffing