Dubai-based quick service restaurant chain Doner and Gyros will reportedly invest Rs200 crore ($28 million) over the next five years to fund its expansion in India.
Preteek Sachdev, CEO-director of 4TPS Food Pvt Ltd, India's franchise operator of Doner and Gyros, was quoted by local media after opening a branch in Punjab.
He said the brand is looking to open 150-200 stores in India over the next five years.
Launched in 2014, Doner and Gyros currently has 22 outlets in the UAE, Lebanon, the UK and Saudi Arabia, he added.
"We have already expanded to 21 locations in less than five years. By this year end, Doner and Gyros will be up and running at 30 locations," he was quoted as saying, adding that the brand will also be entering North America and Canada.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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