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Lite Bite intends to become Rs 500 crore brand by 2015
Feb 15, 2010: Lite Bite Foods, promoted by Amit Burman, vice chairman of FMCG major Dabur India, in his individual capacity, is aiming to become a Rs 500-crore food company by 2015. The company operates a bunch of eatery brands including Subway, Fresco, Asia 7, Punjab Grill, Baker Street and Pino's Pasta Pizza.
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KFC to be everywhere in India
Kentucky Fried Chicken, a wholly owned subsidiary of US based Yum! Restaurants is on the verge of opening its 50th store in India and has grand plans to come up with 50 more by the end of the year 2010.
Audi Franchise to further expand in India; eyes 30% of luxury car market, through franchising
Buoyed by overwhelming response, German luxury car maker Audi would increase its car dealership franchise network in the country and aims to grab 30 per cent share of the luxury car market by 2011, a company official said.
Karrox Franchise Expanding Across India
After expanding its presence into West Bengal recently, IT education and training company Karrox Technologies is planning its foray into the southern Indian market. The company is looking to start operations out of Bangalore, followed by Kerala and Tamil Nadu sometime this year, according to Karrox CEO Jeetendra Nair.
Australian Pizza Chain, Pizza Capers Franchise plans to go global, foray into India and Singapore
According to QBR, Brisbane-based gourmet food chain, Pizza Capers Franchise has plans to launch 80 stores by end 2009. Franchise founders Scott Geiszler and Anthony Russo launched the chain in Brisbane in 2000. There are plans to expand in India and Singapore besides the nine stores which will be launched over the next 12 weeks and the first store in Adelaide.

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Leading Italian coffee brand Caffe Pascucci has entered India by setting up its first outlet here to retail imported blended coffee. The euro 600-million (Rs.4,060-crore) Pascucci has roped in the city-based Madhura Beverages India as its master franchisee for setting up a chain of outlets across the country.
Leading Italian coffee brand Caffe Pascucci has entered India by setting up its first outlet here to retail imported blended coffee. The euro 600-million (Rs.4,060-crore) Pascucci has roped in the city-based Madhura Beverages India as its master franchisee for setting up a chain of outlets across the country.
Cox & Kings eyes overseas acquisitions to strengthen franchise operations in India
2nd February 2010: Travel operator Cox & Kings India is scouting for acquisitions in countries like the US, Canada, England, Australia and New Zealand, a senior company official said today. The travel operator, which raised Rs 610 crore through a public issue in December last year, has earmarked Rs 150 crore for funding such acquisitions. "We have a fund of Rs 150 crore earmarked for this (acquisitions). We are very comfortable with countries where the laws are familiar like the US, Canada, Australia and New Zealand...It becomes very attractive for us particularly since these countries are just coming out of recession," Cox & Kings Executive Director Peter Kerkar told PTI here.
Vaidyaratnam eyes to have more franchisees
3rd February 2010: Vaidyaratnam, an ayurvedic player, has announced plans to roll out 1,000 more franchisees in major destinations in India and abroad in the next three years. Meanwhile, the company has set a turnover target of Rs 200 crore by 2015. For this, the company would invest 25 crore in a phased manner over the next four year. The target is achievable considering the pace at which the market for ayurveda is expanding both within the country and abroad. The company has also decided to invest Rs 25 crore in a phased manner in the next four years, E T Neelakandan Mooss, managing director, Vaidyaratnam, said at a press meet.
Lite Bite intends to become Rs 500 crore brand by 2015
Feb 15, 2010: Lite Bite Foods, promoted by Amit Burman, vice chairman of FMCG major Dabur India, in his individual capacity, is aiming to become a Rs 500-crore food company by 2015. The company operates a bunch of eatery brands including Subway, Fresco, Asia 7, Punjab Grill, Baker Street and Pino's Pasta Pizza.
Raymond eyes 40% rise in retail biz revenue in 2 years
8th February 2010: Apparel house Raymond today said it is aiming to increase revenue from retail business by up to 40 per cent in two years from the current Rs 1,000 crore, for which it will add more stores in smaller towns. "We are looking at 30-40 per cent jump in revenue from retail business in the next two years from the current turnover of about Rs 1,000 crore," Raymond president (retail and business development) Rakesh Pandey told reporters here on the sidelines of an AIMA event.
Sanjeev Kapoor and Better Value Brands launch 1st Global Chain of Indian Restaurants
September 8, 2010 FranchiseExpo.in Indian food will never be the same again! India's most celebrated Master Chef, Sanjeev Kapoor has joined hands with corporate multi-brand entity, Better Value Brands (BVB) to launch the India’s first global chain of Indian restaurants, called "Indii." This Rs. 100 crore joint venture plans to set up 70 Indii outlets across the country, and also aims to reach out to the Indian diaspora in different continents by March 2011.
Edify Education to invest Rs 500 cr in 5 yrs
NEW DELHI: Edify Education, a part of DRS Group , has said it will invest Rs 500 crore to open a network of around 300 schools across India, as part of its expansion plans in the next five years.
Le Sutra Hospitality mulls franchise expansion
The Bajaj Group of Hotels, branded under Le Sutra Hospitality, is planning to open hotels and restaurants across the nation in the next three to five years. The company is going to invest Rs 300-500 crore for these hotels and restaurants, which will be a mix of both company owned and franchised, confirms a company official.
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