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KFC plans 500 outlets in India

Tuesday, 02 Nov 2010
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KFC, the restaurant chain, plans to open 500 outlets by 2015 in India. The expansion will be a mix of company owned and franchised restaurants.

The company aims to open the outlets in metros and tier I cities. It plans to increase presence in Maharashtra, Tamil Nadu, Orissa, Uttar Pradesh and Rajasthan.

Presently, KFC has 86 stores in 16 cities and nine more outlets are to be added by end-2010. These will entail an investment of $9 million (approx Rs 39.6 crore).

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