KFCH Malaysia to open outlets in India
KFCH (Holdings), Malaysia is planning to open 10 KFC outlets in India this year, as part of its expansion plans. Two outlets will be opened in Mumbai, with one in Pune.
March 03, 2010 | comments ( 0 ) |
KFCH (Holdings), Malaysia is planning to open 10 KFC outlets in India this year, as part of its expansion plans. Two outlets will be opened in Mumbai, with one in Pune. “KFC, which has 540 outlets in Malaysia, Singapore, Brunei and Cambodia, will invest MYR 1.2 million (USD350,000) to set up each outlet. Annually the franchisee invests around MYR 35 million (USD10.2 million) and sales surpass MYR1 billion (USD292 million)” says Tan Sri Muhammad Ali Hashim, Chairman KFCH, Malaysia. “The India venture is a long term move and the outlets there will only serve halal food,” he added after the launch of a KFC Graduate Entrepreneurship 2010 Programme.
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