Subway aims to add 150 restaurants in India by 2014

MUMBAI Fri Oct 19, 2012 2:17pm IST

Subway founder Fred DeLuca poses in a Subway branch in central London January 26, 2012. REUTERS/Stefan Wermuth/Files

Subway founder Fred DeLuca poses in a Subway branch in central London January 26, 2012.

Credit: Reuters/Stefan Wermuth/Files

Related Topics

MUMBAI (Reuters) - U.S. fast-food chain Subway aims to add 150 new restaurants in India by the end of the next calendar year, driven by growth in a country where a generation of young and increasingly wealthy consumers have a rising appetite for western tastes.

The company, which currently has 300 restaurants in India, is planning to increase its focus on smaller Indian cities in the coming years, it said in a statement.

It currently gets about 2.5 percent of its overall revenues from Asia, the statement said.

(Reporting by Nandita Bose; Editing by G.Ram Mohan)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS EXCLUSIVE

REUTERS SHOWCASE

Modi In U.S.

Modi In U.S.

Obama, Modi work to deepen improving U.S.-India ties  Full Article | Full Coverage 

Factory Activity

Factory Activity

Factories expand at slowest pace this year in September  Full Article 

Monetary Policy

Monetary Policy

RBI not biased towards either raising or cutting rates - Rajan  Full Article 

Asia & Europe

Asia & Europe

Weak demand hits factory activity across Asia, Europe  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage