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F & B News
Nirula's to go national by 2008
Harbours international ambitions
Neeti Mehra - Mumbai
Delhi-based fast food chain Nirula's is set to stamp a national presence by
2008, and is undergoing a brand revamp with an equity infusion of Rs 15 crore.
Hospitality professional, Samir Kuckreja, had recently scooped up the family-owned
chain for an undisclosed sum while Malaysian equity fund, Navis Capital Partners,
has a majority stake.
Speaking exclusively to Express Hospitality, the newly
incumbent managing director and minority stakeholder, Kuckreja reveals, "Going
international is surely on the charts. We would currently like to focus on establishing
and strengthening a national base, though taking our brand and the extensive
Indian and international menu overseas is a very attractive and exciting proposition."
With a focus on the restaurant and kiosk business, Nirula's will open outlets
across India in verticals like the family style Nirula's restaurants, QSR format-Express
and Ice-Cream kiosks, etc. Refusing to divulge the potential locations, he added
that the new Express format will extend to airports, petrol bunks, big box retail
outlets and highways. Nirula's Express was recently launched at Terminal 1B
in Delhi airport. The company will build on its existing brand image and has
ruled out any change in the brand name. The group will revamp its service set-up,
interiors, uniforms, menu boards, signage, etc. However, brand extensions and
a retail strategy are on the anvil. "We are looking at myriad possibilities
of brand extensions. We are also looking at creating a range of Nirula's memorabilia,"
Kuckreja informs.
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