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Speciality Restaurants to enter foreign lands

Friday, 12 Mar 2010
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Speciality Restaurants, with brands like Mainland China and Oh! Calcutta under its wing, plans to launch Mainland China in Dubai, Doha, Qatar and Sri Lanka through the franchisee route.

In the Indian market, the company is all set to launch a new format, which is a Lebanese lounge bar named Kibbeh. The first Kibbeh lounge bar is coming up in Hyderabad. It is also planning to open another Mexican specialty restaurant in 2010.

The company expects to infuse about Rs 100 crore towards addition of 20 new restaurants in India in 2010. The investment is likely to be funded through internal accruals and debt.

Also See:

Speciality plans more 'Mainland China' outlets (11-Jan-10)

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