While many US brands queue up to enter Indian market including Focus Brands, Wing Zone, WOW Cafe, Round Table Pizza, World of Beer, Orange Leaf Frozen Yogurt, Fast Signs International, Hertz, Make Meaning, Massage Envy Spa and Title Boxing Club, the brands already present in India are on expansion mode as the Indian market offers significant opportunity for growth to international brands.
Taco Bell opens 2 more outlets in Mumbai
America’s largest Mexican fast food restaurant chain, Taco Bell has launched two more outlets in Mumbai, one at RCity Mall, Ghatkopar and the other at Viviana Mall, Thane.Launched in India in 2010, Taco Bell has four restaurants in Bengaluru and three in Mumbai. Following the launch of its outlet in Oberoi Mall, Goregaon in 2013, this will be Taco Bell’s first leg of expansion in Mumbai, as per a release.With over 6,000 stores in 16 countries, Taco Bell – part of Yum! Restaurants India, which is a subsidiary of Yum! Brands – is a Mexican food chain. The brand serves new types of Mexican fast food.The new food formats, differentiated tastes and even the new eating styles that some products demand make Taco Bell a place for complete ˜Food Adventure” for consumers. There is always an unexpected element of surprise at Taco Bell.
(Source: http://www.hospitalitybizindia.com/detailNews.aspx?aid=20786&sid=23 )
Anytime Fitness to open 40 clubs by end of 2015
World famous fitness chain, Anytime Fitness has plans to increase 50 more fitness centres by the end of 2015 in India. The brand already has more than 2500 centres worldwide. It entered the Indian Market in 2012 with its very first centre in Delhi.The concept of Anytime Fitness is a perfect fit for health connoisseurs in India who are looking for a convenient, non-intimidating and value-oriented place to stay fit. A franchising model is the easiest way to become an entrepreneur. Anytime Fitness offers a unique and low-cost alternative option for those looking to enter into this fast-growing industry as said by Anytime Fitness India MD. Anytime Fitness quickly plans to increase its centres in metro cities as well as tier II and III cities. Anytime Fitness currently has ten fitness centres in Delhi, Mumbai, Chennai, Hyderabad, Dimapur(Nagaland) and Bhuj (Gujrat). Internationally the brand is present in United States, United Kingdom, Australia, Singapore, Hong Kong, Malaysia, New Zealand, Canada, Mexico, and so on.
McDonald’s opens two outlets in Mangalore
Hardcastle Restaurants Private Limited (HRPL), a Master Franchisee for West & South India operations of McDonald’s restaurants and a subsidiary of the BSE listed Westlife Development Limited entered Mangalore with the opening of two restaurants in quick succession. These launches add to the established network of 74 restaurants across Southern India. McDonald’s Forum Fiza Mall sprawls over 3500 sq. ft while the restaurant at City Centre Mall can seat up to 134 guests within the restaurant and 32 guests outdoors. McDonald’s operates through various formats and brand extensions including standalone restaurants, drive-thru’s, 24/7, McDelivery, Web and Mobile ordering, Breakfasts and dessert Kiosks. The menu features burgers, finger foods, wraps, hot and cold beverages besides a wide range of desserts. Several of the McDonald’s restaurants feature the in-house McCaf©. (Source: http://news.franchiseindia.com/McDonald-s-opens-two-outlets-in-Mangalore-5644 )
Sbarro added another outlet in New Delhi
SBARRO, a chain of pizza restaurants that specializes in New York-style pizzas and other Italian-American cuisine secures its footprint in North India by unveiling its second outlet at Connaught Place on 4th December. The launch is in association with its Master Franchisee for North & East India, Jyoti International Foods Pvt. Ltd. (JIFPL), a leading company in the food supply chain/cold chain sector. The outlet was inaugurated by Mr. Akhil Puri, CEO, JIFPL and Mr. Suresh Talreja, MD, JIFPL.SBARRO is known worldwide for high quality fresh handmade products, fast speed of service, value for money and wide variety of 17 Extra Large New York style Pizzas cut into large slices. JIFPL is an end-to-end service provider to the leading QSR/ Food chains in India providing 360 degree solution encompassing Warehousing, Logistics & Distribution of the products to retail chains across India. JIFPL started its services in 2003 as a Subway Franchisee and launched the distribution and logistics services in 2005 and with this current association with Sbarro, it has now diversified its business by forward integration in the same value chain. Their SCM clientele includes names like Subway, Chili’s, Krispy Kreme, and Starbucks.The newly opened Sbarro outlet will enable customers to have access to an enviable variety of superior-quality fresh handmade products with quick speed of service. The brand strongly advocates the “value for money” and “freedom of choice” proposition, as it allows its customers to choose their individual slices from the wide variety of 17 Extra Large NY style pizzas at an affordable price, staying true to its tagline- “My life, My slice”.The menu comprises 17 extra-large New York style pizzas, live-saut© pasta, salads, desserts etc. that promise to tantalize your taste buds. Further a live kitchen, spacious seating & great pricing, the place adds to the larger experience that the brand promises to deliver to its customers. The brand plans to expand its footprints in North and East India and open 30 – 40 outlets within the next 5 years in Delhi NCR, Punjab, Rajasthan, Kolkata & Gujarat, at key strategic locations like Malls/Metro locations/Airports/Universities/Tech parks etc.
Burger King to open more stores in Delhi & Mumbai
Burger King, one of the largest fast food hamburger chains in the world, recently announced the opening of first Burger King restaurant in New Delhi. Approximately 100 percent of Burger King restaurants are owned and operated by independent franchisees. The restaurant opening in New Delhi is expected to be followed by additional openings in New Delhi and Mumbai as well as expansion in new cities and regions in 2015. Burger King India Private Limited is a joint venture formed last year by BK Asiapac, Pte. and Everstone Capital, a leading India and South East Asia focused investor with dedicated private equity and real estate funds, to develop the Burger King brand in India. The opening marked not only the debut of Burger King in India, but also a milestone for the brand, which is now operating in its 100th country. Burger King operates in approximately 14,000 locations serving more than 11 million guests daily in nearly 100 countries and territories worldwide.
(Source: http://news.franchiseindia.com/Burger-King-to-open-more-stores-in-Delhi-Mumbai-5615 )
To conclude, we can say that India has emerged as a prominent destination for leading US brands. The global brands have adopted either of the two entry strategies “franchisee or joint venture” creating strong linkages with domestic operators, and utilizing local market expertise in guiding their business operations in India.