Adani to bid for duty-free shops at Macau airport
The Adani group plans to bid for setting up duty-free shops at the Macau international airport, as India’s largest airport operator spreads its wings overseas.
In a stock exchange filing, Adani Enterprises, the flagship firm of the conglomerate run by billionaire Gautam Adani, said it has completed the incorporation of a wholly-owned subsidiary, MTRPL Macau Ltd, in Macau on November 20.
The subsidiary has been incorporated for the purpose of getting into the duty-free industry. “MML is incorporated for the purpose of bidding for duty-free liquor and tobacco shops at Macau International Airport,” it said.
