Lite Bite Foods eyeing overseas expansion

Lite Bite Foods, an Indian restaurant chain is planning overseas expansion through the franchise route. The company has plans to open an outlet each in Singapore and Bangkok. It will be introducing its Indian cuisine brands 'Punjab Grill' and 'Zambar' in the overseas markets.

The company is also evaluating options to extend its footprint in London, Dubai, Hong Kong and Macau. The investment for the proposed expansion will be funded by partners where as Lite Bite would take care of the management and profitability of the venture.

The company, which is the largest franchiser for fast-food chain Subway in India, is aiming to take the count of its present 50 outlets across the country to 200 outlets over the next three years. Lite Bite is promoted by Dabur India Vice-Chairman Amit Burman and entrepreneur Rohit Aggarwal.