16.1 C
New Delhi
Tuesday, November 26, 2024

Chrome Hospitality to spend INR 50 Cr in the new Financial Year: Plans to expand Footprint in Top Cities

Published:

Chrome Hospitality is a popular casual dining restaurant chain that is headquartered in Mumbai, India. The company is planning to expand its footprint across India with a financial cap of INR 50 crore in the upcoming financial year 2023-24. This expansion plan will include the launch of five new brands and the addition of eight new outlets of its marquee brands in both metro and non-metro cities. The goal of the company is to bridge the gap in experiential scaling within the hospitality sector.

The company is targeting a mix of metro and non-metro cities for its expansion plan. It aims to launch more outlets in Mumbai, and also expand its footprints in Goa, Jaipur, Delhi, and Hyderabad in the upcoming financial year. By doing so, the company hopes to establish a stronger foothold in the Indian market and increase its overall market share.

Chrome Hospitality has been a frontrunner in the all-day fine-dining space in Mumbai since its inception in 2019. In 2022, the brand scaled exponentially and developed 100,000 sq ft of hospitality space in India. It also launched five new restaurants in Mumbai under the Chrome Hospitality umbrella. The company has managed to establish some of the most unique F&B outlets in the city, including Demy, Donna Deli, Shy, EVE, Blah & Kyma.

Chrome Hospitality has set a goal to bridge the experiential scaling gap in the hospitality sector in India. The company has already made significant progress in achieving this goal, and its expansion plan in the upcoming financial year is a testament to its commitment to providing quality dining experiences to customers across the country.

SnackTeam
SnackTeamhttps://snackfax.com
SnackTeam is a specialised group of editorial staff motivated to improve the lives of individuals and society. The team intends to bring the most authentic, well-researched and dependable content for you and your loved ones every day.
Subscribe to our Newsletter!

Stay updated on the latest news, trends, and top startups with Snackfax's daily newsletter!

Related articles

Recent articles