US frozen yogurt chain Red Mango unveils in India

21 January 2012: US based Red Mango, one of the fastest growing frozen yogurt chain has opened its first outlet at the Ambience mall in New Delhi. The newly opened outlet spreads across an area of 1,300 sq ft which, the officials believe can breakeven within a year.

The chain is planning to open 200-250 outlets in the next five to ten years. The company is looking to expand in places like Delhi NCR, Mumbai, Bangalore, Pune and Chandigarh before moving to the tier II cities. The company will initially open its own stores and later expand through the franchise route.

Source: ImagesFood