TGI Friday to have 19 outlets by 2015

TGIF started its operations in India in 1996 and has seven outlets operational here.

Written by Agencies | New Delhi | Published: October 17, 2010 2:47 pm

International casual dining restaurant chain TGI Friday’s (TGIF) is enhancing presence in India with plans to nearly treble the number of restaurants here by 2015.

The chain,whose Indian operations is owned 26 per cent by global hospitality and travel company Carlson and rest by Bistro Hospitality Pvt Ltd,currently has seven TGIF outlets operational here.

“We are adding new ones very quickly here (in India) and have decided that twelve more restaurants should come up by 2015,” said Carlson South Asia Vice-President K B Kachru.

The chain recently opened new restaurants in Hyderabad and Noida. It is looking to add one each in Delhi and Bangalore very soon,he added,without giving investment details.

TGIF started its operations in India in 1996.

The Indian expansion is a part of an international strategy,under which the company aims to open a total of 500 TGIFs outside the US in the next five years,up from 330 at present.

The company operates over 1,000 outlets worldwide,including the US market.

“As a part of our global plan,we expect the restaurants that we have outside the US to go up to 500 by 2015. India is part of this plan,” Carlson President and CEO Hubert Joly said.

Identifying India as a key market for its future growth,Carlson had last week said that it plans to manage over 100 hundred hotels in the country by 2015.

The company,which manages 31 hotels across India,said it will have over 11,000 rooms in the next five years on the back of expansion,up from the 2,865 rooms it has at present.

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