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November 16-30 2004


 

November 16-30 2004

A Chinese invasion
TBR News Bureau

ositioned as a fast food chain that offers Chinese food at Chinese prices, Yo! China is getting ready for expansion. Moods Hospitality (promoted by six Delhi-based entrepreneurs), which set up the chain about a year-and-a-half ago, is looking at two new segments for growth - packaged food retailing and institutional catering.

"The ready-to-eat segment has immense potential," says Joydeep Singh, director, HR and business development, of the Rs 7-crore Moods Hospitality. The company, which will enter the packaged foods market in a couple of months� time, plans to invest Rs 10 lakh in research and in deploying the infrastructure needed to enter the ready-to-eat market. ... more


 

   
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