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Gourmet Investments currently operates about 16 restaurants of Pizza Express, Chili’s and Ministry of Crab and is in talks with prominent malls for a space for PF Chang’s.
More than a dozen international F&B brands, including Pret A Manger, Tim Hortons and Popeyes, have entered India over the last few months.
“Global food and beverage brands are encashing the surge in F&B consumption patterns in India, which signifies the depth of the market and evolving palate of the consumers,” said Shriram PM Monga, co-founder of retail consultancy firm SRED.
PF Chang’s and Gourmet Investments did not respond to the email queries. In India there is a growing demand among customers for fine dining restaurants and gourmet food.
“Investors are also viewing the restaurant industry as a viable place to be. These international brands are well known to the Indian tourists globally. If they enter the country and maintain the same standard, there is a great opportunity, as Indians are highly experimental about food,” said Hatim Amreliwala, founder, Blackkey consultancy, a boutique retail consultancy firm.
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