MUMBAI: Even as Indian airports struggle to survive stagnant aeronautical revenues and dwindling footfalls, Travel Food services see a huge opportunity in setting up food and beverage services at key metro airports like Mumbai, Hyderabad and Bangalore.

In six months from now, Mumbai airport will see new food and beverages outlets under popular brands like Mc Donalds, Dominoes and the Coffee Bean and Tea leaf as planned by the Travel food services. Its launch comes as an opportunity for the Mumbai airport to increase its non aeronautical revenues especially as its aeronautical revenues have taken a beating and are down by more than 30% year on year. 

Sanjay Reddy, MD, MIAL said, "We have a rental plus revenue share, once they open up then only we will know what the real revenue we will get."

With an investment of Rs 150 crore over the next two years in various initiatives, TFS plans to start operations at Mumbai airport within the next six months. It has already set up operations in Bangalore and Hyderabad airports.

Sunil Kapoor, Chairman, TFS said, "TFS was borne out of the potential of an untapped market. There is not enough offering being given to the traveler."

TFS refused to share details about its rental costs across airports but has set a revenue target of Rs 100 crore for the current financial year from its presence across airports, highways, railway and metro stations,