India

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.

In the last week of December, 84 outlets in north and east India had to shut down.

It is seeking to fend off Uber Eats in the country.

The Potbelly Corp of USA signed a franchise agreement for 20 restaurants in 5 years.

Global giants such as KFC and Burger King made no commitments to eliminate antibiotic use in India.