Barista has 190 stores spread across the nation, it is planning to target mainly the smaller cities like Chandigarh, Jalandhar and Pune, where it can open the most outlets.
Recently, Dham had announced the group's decision to offload non-core assets and exit non-auto businesses, after the firm defaulted on repayment of Rs 800 crore.
Recently, Carnation has also acquired rights to operate certain restaurant chains at metro stations in Delhi and railways stations at different parts of the country.
The group is also planning to take its annual earnings to Rs 50 crore from the current earning which is 30 crore annually. IRCTC is also planning to open about 56 food outlets at Delhi Metro stations across New Delhi.