This ambitious plan projected by CIAL would be through commercial utilisation of land and other non-aeronautical avenues, V J Kurian, managing director, CIAL said after inaugurating the three-day 'India Duty Free Workshop' in Kochi.
The workshop has been organised by Alpha Kreol with the support of Cochin Duty Free shopping. He said CIAL has also embarked on another ambitious project, floating of an airline.
"We are in the process of floating an airline called Air Kerala. We hope to have the company in place by the next two weeks."
He said the Kochi duty free shop, started on a small scale in 2002, was today the biggest in India. Sales had shot up from an average of $ 2,000 per day to $17,000 per day in the current fiscal, he said.
Kurian also said the Indian civil aviation arena was experiencing revolutionary changes and pointed out that modernisation and privatisation of Mumbai and Delhi airports was already on the anvil.
"The Indian skies have become more crowded with the emergence of a number of low cost airlines. Air travel for all has become the main theme of airlines in India."