India

The move is said to celebrate the Gandhi Jayanti festival.

This is the 18th country where the bakery chain opened an outlet.

He will be returning to the company after his position in operations, drive-thru optimization and partner resources in the US. Tata Starbucks, the joint venture company between Tata Group and Starbucks, has announced that they have appointed Navin Gurnaney as the new CEO of the coffee chain’s business in India on January 1 next year. Gurnaney will be replacing Sumitro Ghosh who is the company’s CEO for three years. He will be responsible for their overall strategic direction and vision in India as well as strengthening the Starbucks business growth. “I’m honored to return to India as CEO of Tata Starbucks to continue building upon the incredible momentum the company has experienced in its first 6 years,” Gurnaney said. “I look forward to elevating the mission and values of the company through delivering the iconic Starbucks Experience for our Indian partners and customers.” “We are pleased to welcome Navin Gurnaney, who has a proven track record of success within Starbucks and is a business leader with the ability to bring people together, as Tata Starbucks continues to innovate and position itself for long-term growth in the India market,” John Culver, group president of Starbucks International for channel development and global coffee and tea, said.

Most of the chain’s outlets are located in the northern and western regions of the country.

The sale process will reportedly launch in a few weeks time.

The coffee giant’s latest outlet is located at The Pavillion in Pune.

The group is looking to launch other brands such as Donut King, Crust Gourmet Pizza Bar and Michel’s Patisserie.

India also marks the first overseas market for Jollibean after Singapore.

Its franchisees are expected to open five stores for each country in the next 12 months. Gelatissimo announced that they will open a number stores in Bangladesh and India on September. “Making excellent gelato is a complex task and so is building a brilliant gelato business. With a quality artisan product, a simple in-store production system, local marketing and brand building campaigns and an ongoing training programme, we set all our franchisees up for success. Bangladesh and India represent big opportunities for us and our partners and we look forward to making it a sweet success,” Gelatissimo CEO Filipe Barbosa said in a statement. The expansion will be done in partnership with master franchisees Sangeeta Dumpeta from India and Nilesh Jamnadas from Bangladesh. “The stores will be fitted in the internationally recognisable Gelatissimo branding and serve the brand’s best loved flavours and products,” Dumpeta said. The ice cream chain currently has 45 stores in Australia and another 17 in other countries. India and Bangladesh will join Gelatissimo’s portfolio of international franchises along with Philippines, Singapore, Saudi Arabia, Kuwait and China  

The Income Tax department conducted searches at nearly 20 premises of Hardcastle Restaurants Pvt Ltd.

The brand has recently set up Yoshinoya India Pvt. Ltd. in Gurugram in the northern state of Haryana.

KFC's Double Trouble Lip Balms will be available in two flavours.

It launched its first fast food brand BURGERS'N'FRIES in Delhi-NCR.

It opened its first La Americana burger outlet in Delhi.

It is looking at models focused on donuts and beverages in search of profitability.

The United Nations World Economic Situation and Prospects 2018 estimated the Indian industry to grow at 7.2% in 2018.