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.
- Reliance Retail & Jio to jointly launch new e-commerce platform
- CCI gives nod to Samara Capital-Amazon's joint bid to buy More
- SoftBank eyes 40% stake in FirstCry for $400 million
- Vivo India launches 'Vivo Xchange' program in partnership with Cashify.in
- Milkbasket expands operations to Bengaluru
- Manyavar launches another store in Punjab
- Ola raises Rs 150 crore from Flipkart's Co-Founder Sachin Bansal
- Ananth Narayanan steps down as Myntra Jabong CEO
- DailyNinja celebrates 15 million orders fulfilled
- John Jacobs looks to garner Rs 500 crore revenue by March 2021