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- Yum! Restaurants plans huge expansion
Yum! Restaurants India Pvt. Ltd is set to open 1000 new restaurants across its various categories. The company has franchise rights to expand internationals brands like KFC, Pizza Hut, Taco Bell in India. Elaborating on the same Niren Chaudhary, MD, Yum! Restaurants India Pvt. Ltd informs: By 2015, and the company aims to become a 100 billion dollar company, with 50,000 employees in India alone. He further said, “We plan to add 300 Pizza Hut Home Delivery outlets, 200 Pizza Hut Restaurants and 500 KFCs by 2015.”
The majority of the expansion will be done via franchise route. Yum! Restaurants is aiming to be the best restaurant with maximum number of outlets in all categories. This can be achieved by capturing the growing trend of the eating out pattern supported by the growth in dispensable income.