+1-888-308-5802     
News Contact Us

Taco Bell to launch 700 new outlets in India, New Zealand & Australia

Author : Sunil Hebbalkar | Published Date : 2019-05-25 
  • Of the 700 new outlets, 600 would be launched across India under its massive franchise deal with Burman Hospitality Pvt Ltd.
  • With the launch of 600 units, India would become the company’s largest market outside of its home country.

Taco Bell, a renowned American fast-food company, has reportedly announced that it has inked new deals to launch 600 outlets in India and over 100 outlets across New Zealand and Australia.

Reports cite, the deals come as a part of the company’s plan to launch over 1,000 stores internationally by 2022. The units in India would be under its franchise deal with Burman Hospitality Pvt Ltd.

According to a report by Livemint, the deal is a significant step for the fast food company, which presently has approximately 35 outlets in India. The Indian outlets would be offering new menu items such as taco shells made from hash brown potatoes and would be catering to Indian taste buds through products like paneer & chicken tikka masala burritos.

As part of the latest 600-unit franchise deal with Burman Hospitality, the fast food giant’s presence in India would nearly be doubled by the end of 2019, going from 35 units to 60 units.

The President at Taco Bell International, Liz Williams stated that most of the 600 units in India would be inline stores without drive-throughs, a common occurrence in international markets. Moreover, some outlets would also facilitate table services & serve alcohol. Williams further added that Taco Bell is ideal for the Indian market as its menu is flexible enough to sway towards vegetarian or non-vegetarian options.

Meanwhile, the company would also be launching more than 100 stores across New Zealand & Australia over a five-year period. Since the restaurant’s launch in Brisbane in 2017, it has received a significantly positive response with sales volumes being some of the largest the company has seen in the world.

Through the 600 units, India is reportedly set to become the company’s largest market outside its home country of the U.S.

Source Credit:

https://www.nrn.com/quick-service/taco-bell-plans-700-units-india-australia-and-new-zealand

https://www.livemint.com/companies/news/taco-bell-plans-big-india-expansion-as-it-steps-up-overseas-push-1558620069292.html

About Author

Sunil Hebbalkar

Sunil Hebbalkar

Sunil Hebbalkar currently works as a content writer for fractovia.org and other portals. A post graduate in mechanical design engineering, he nurtures a passion for writing articles related to myriad industry verticals such as the technology, automotive, and healthcare sectors. When free, Sunil pursues his interest in cycling, reading, and sketching. He can be contacted at- [email protected] | https://twitter.com/HSuniel

Related News

IoT startup SwitchOn raises $1 million seed funding from pi Ventures

Published Date: 2019-06-18         Author: Sunil Hebbalkar

Bengaluru based Internet of Things (IoT) startup SwitchOn has reportedly raised $1 million seed funding in a round led by pi Ventures. As per trusted sources, Axilor and The Chennai Angels also participated in the funding round. For the record, SwitchOn is an IoT startup founded in 2017 by Anirud... Read More

Ola to establish advanced technology center in Uber’s home ground

Published Date: 2019-06-15         Author: Sunil Hebbalkar

Indian ride-hailing platform Ola has reportedly announced plans to establish an Advanced Technology Center in San Francisco Bay Area, which is the home ground of its biggest rival Uber, with over 150 engineers in a bid to amplify its engineering and development operations. With a sole objective o... Read More

Barclays leads $5.5 M funding round for blockchain startup Crowdz

Published Date: 2019-05-31         Author: Sunil Hebbalkar

Invoice Exchange is anticipated to disrupt the invoicing industry, with receivables surpassing $9 trillion globally. The UK-based Barclays bank has reportedly led a $5.5 million funding for invoice exchange of Crowdz, a blockchain start-up. The invoice exchange based on blockchain technology will... Read More

© 2019 Fractovia. All Rights Reserved