Hardcastle Restaurants Private Limited (HRPL). the master franchisee for fast-food chain McDonald's, has come up with a unique way to power its delivery trucks. The firm recycles used cooking oil and converts it into biodiesel which is used to power its refrigerated supply delivery trucks. Currently, the company converts over...
CX Partners To Buy $100 Million Stake in India’s Cremica
CX Partners, an investor group, is set to acquire a 48% stake in India based Mrs. Bector's Food Specialties, Ltd., also known by its brand name Cremica, for $100 million. The consortium, which includes some international limited partners, will buy out the shares held by Motilal Oswal Private Equity Advisors...
Burgers? At Dunkin' Donuts in India
Donuts (or doughnuts) have yet to grow on the conventional Indian palate -- a truth that Dunkin’ Donuts, America’s doughnut chain realized since it started shop in India two years ago. Many Indians just don’t like doughnuts, and even the ones that like them are unlikely to buy them by...
Born in India: Chicken Maharajah Mac!
Adapting and making changes to suit a particular culture is one of the secrets to succeeding in new markets. Amit Jatia is the man responsible for McDonald’s phenomenal growth in the Indian market since the company first contacted him in 1994. His business has 174 McDonald’s across 17 cities in...
American restaurants to adapt their menus in India
Dunkin' Donuts and McDonald’s have decided to bring some changes to their restaurants in India. Indeed, Dunkin Donuts whose shop has opened in Delhi almost a year ago has added some local flavors to its menu, such as Kesar Pista and Coconut Burst toppings. Regarding McDonald’s, it has announced that...
Donuts in Delhi, Vadas in Vijaywada, Dunkin enters India
In South India, breakfast often consists of "Filter Coffee" and a savory snack known as the medu vada, a spicier equivalent of the Western doughnut. With the entry of Starbucks-like cafes, hundreds of sleek coffee shops serving freshly brewed cups of java and dessert, serving as hangouts for the young...