Amit Burman, founder of Dabur Foods, is planning to launch food courts in shopping malls, office complexes, at national highways as well as mini-restaurants at metro stations. It is estimated that India would have around 250 new malls by 2010.
Burman, along with two other partners, Rohit Aggarwal and Tejpavan Singh Gandhok, has invested close to Rs 200 crore in the venture.The partners hope to reach a sales target of Rs 1,000 crore, with retail outlets across 200 locations, in the next three years.
Burman, who currently operates nine franchisees of Subway, has tied up with Dubai-based Hot Brands to start quick service food joints serving Chinese, Italian, Thai and Indian cuisines. “We will also acquire local companies from small cities to address specific regional tastes,” shares Burman.
Read more in The Business Standard article.
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