Rise in the disposable income, people adapting the western culture, health awareness and import of fruits to India are among the top most factors to drive the juice business in India.
Launched in November 2013, the cafe chain plans to use the funds for its growth and expansion in focus markets even as it plans to open 250 outlets by 2018.
Talking to Restaurant India, Walter Seib, CEO, HMSHost International, tells about its partnership with Lite Bite Foods in India and their expansion plan.
Uniting Mumbai and Delhi under the banner of beer, the beer lovers have got a fantastic chance to bond with friends guzzling the choicest beer in town.
The different regulations and existence of central state tax (CST) payable on goods moving from one state to another are the biggest limit on growth, it said.
In addition to the regular menu, the outlet will also serve wholesome Greek and Caprese salads, Mezze platters, Falafel, Pasta Aglio Olio and sumptuous Shawarmas.
The company will use the funds to add more flavours under Paper Boat, increase manufacturing capacity, hire senior executives and expand its distribution reach.