Canadian restaurant chain Tim Hortons has been expanding its operations worldwide, and the latest addition to its growing list of outlets is located in Vasant Vihar, New Delhi. As per a statement released by a company official on social media, the new branch is situated at the Basant Lok Community Center in Vasant Vihar.
“Drop in at Vasant Vihar for your favourite coffee!!!” Vishal Shah, Head – Store Development, Tim Hortons India said in a LinkedIn post while sharing an invite.
Tim Hortons has a presence in several parts of the National Capital Region (NCR) with seven other outlets located in Pitampura, Green Park, Saket, Gurugram, Punjabi Bagh, Noida, and Dwarka respectively.
With a goal of opening more than 120 stores in India within 36 months, the coffee chain, Tim Hortons, is currently concentrating on expanding in North India, including Delhi and Punjab. Furthermore, the company has plans to enter markets such as Mumbai, Pune, Surat, Ahmedabad, and Bengaluru. In celebration of Lohri, Tim Hortons recently launched a new outlet in Ludhiana, Punjab.
In August 2022, the Canadian corporation made its debut in India by signing an exclusive master franchise agreement with AG Café and Gateway Partners, an emerging markets alternative investment manager. AG Café is a joint venture formed with the global fashion and lifestyle retail conglomerate, Apparel Group.
Tim Hortons is a Canadian-based multinational coffeehouse and restaurant chain, with its headquarters located in Toronto. The company was founded in 1964 in Hamilton, Ontario by Canadian ice hockey legends Tim Horton and Jim Charade. As of June 30, 2022, Tim Hortons has a quick-service restaurant (QSR) presence in 15 countries, with 5,352 restaurants operating worldwide.
In 2014, Tim Hortons was acquired by Burger King, which resulted in both chains becoming subsidiaries of Restaurant Brands International (RBI), a Canadian-American holding company.
RBI operates more than 5,000 stores around the world and it also owns QSR brands such as Popeyes and Firehouse Subs.