Bengaluru
The Whopper Burger maker, which launched its first restaurant in India in 2014, competes directly with market leader McDonald’s Corp and other restaurant chains such as Domino’s Pizza.
Burger King India Ltd plans to have 325 stores by December 31, 2020, up from 202 as of June. McDonald’s had 470 at last count, according to data by consulting firm Technopak Advisors. In the year ended March 2019, Burger King India’s revenue from operations had risen 67% to 6.33 billion rupees ($89.4 million). Its loss narrowed to 382.8 million rupees in the same period from 822.3 million rupees a year earlier. “Burger King is going with a national franchise instead of regional ones, and that gives them more control and potentially better growth,” Technopak Chairman Arvind Singhal said.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android