India’s leading conglomerate, the GVK Group, says that it has signed a contract with state airport operator Angkasa Pura to manage non-aeronautical commercial operations at Ngurah Rai International Airport in Bali.

“The scope includes both the existing terminals and the new international terminal, which is currently under construction and is expected to open in the third quarter of 2013 with a major makeover,” GVK said in a press release.

The firm, which has expertise in managing international airports in India, will focus on generating more revenue from retail, food and beverages, duty free shops and other services and operations at Ngurah Rai, the busiest airport in the nation after Soekarno-Hatta International Airport in Jakarta.

The statement did not specify the value of the contract.

The Hyderabad-based firm will operate Ngurah Rai Airport through ...