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- Bangs on an expansion spree
Bangs, an Indian QSR brand of fried chicken has joined hands with the Doha-based Exblowra Trading and Contracting services company to launch its first outlet in West Asia at Qatar via franchise route by the end of July.
For the overseas foray, Bangs has floated a joint venture with Exblowra to take Bangs to West Asia andplans to launch another two outlets by the end of the current calendar year. The initial investment is ascertained around Rs 1.5 to 2 crore per outlet.
Exblowra Trading, is a west Asia based company dealing in restaurant business which has tied-up with another South Indian restaurant chain Saravana Bhavan. It runs three Saravana Bhavan outlets in and around Dubai.
The brand currently runs and operates 31 outlets across 13 states in India and is looking forward plans to expand its footprint in pan India.