Subway targets to quadruple stores
To increase number of stores from 263 to 1,000.
Tags: SubwayApril 19, 2012 | comments ( 0 ) |
Subway has ramped up its expansion plans for India in a big way and will increase its store count from 263 to 1,000 over the next five years and 5,000 outlets in 10 years. Currently operating in about 50 cities, the next round of expansion will focus on smaller cities like Shillong, Darjeeling and Ambala. With respect to sourcing, except for olives, all other raw materials are sourced from the country itself. Currently, Subway pockets revenue worth $55 million from the Indian market.
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