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Wednesday, October 23, 2024

India

Westlife Foodworld eyes significant expansion with 580-630 new McDonald’s restaurants in India by 2027

Westlife Foodworld, the franchisee of McDonald's in India, has stated in a BSE filing that it has plans to expand its restaurant chain by...

The Coffee Bean & Tea Leaf sets sights on India expansion with two new franchise partners

The Coffee Bean & Tea Leaf (CBTL), a popular coffee shop chain originally established in the United States, has set its sights on expanding...

McDonald’s operator Westlife Foodworld records impressive 31% increase in Q4 FY24 consolidated net profit

Westlife Foodworld, the operator of McDonald's restaurants in West and South India, has announced a 31% increase in its consolidated net profit to INR...

Record surge in India’s alcohol consumption despite rising prices

In FY23, the consumption of alcoholic beverages in India surged, with an estimated 400 million cases sold. This uptick in demand was seen across...

Zomato eyes B2B logistics service to enhance revenue streams amidst sluggish food delivery growth

As the food delivery industry experiences a decline in growth after the pandemic peak, Zomato is said to be preparing to launch a B2B...

Barista CEO eyes growth beyond non-metros, sees catching up for new players in Indian coffee market

Despite facing growing competition from new players and international chains, Barista, the coffee house chain, is pushing forward with its expansion plans, according to...

Indian government mulls imposing stock limit to curb wheat and atta prices

In an effort to prevent hoarding, the Indian government is considering various measures, one of which is to implement a limit on the amount...

Nestlé explores potential locations for tenth factory in India, considers East region

Nestlé, known for producing Maggi noodles and Nescafé coffee, is currently searching for potential locations for its tenth factory in India. As the company's...

Tata Starbucks launches two 24-hour stores in India, reinforcing its commitment to the local market

Tata Starbucks Private Limited has recently introduced its inaugural non-airport 24-hour stores in Chennai and Calicut, showcasing the company's dedication to the Indian market....

Tim Hortons continues aggressive India expansion with latest outlet in Vasant Vihar

Canadian restaurant chain Tim Hortons has been expanding its operations worldwide, and the latest addition to its growing list of outlets is located in...

AGI Greenpac sets new benchmark with INR 2,281 Crore in revenue and highest-ever profitability

AGI Greenpac, a company based in India that is dedicated to producing packaging products, has published its financial outcomes for the fourth quarter and...

Zomato leverages New Relic’s observability platform to ensure high performance and reliability

Zomato, a food delivery platform with around 17.4 million monthly transacting customers and 330,000 active restaurant partners spread across roughly 1,000 Indian cities, has...

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