Mobilenews24x7 Bureau
Hyderabad, Feb 10 (UNI) Paradise, one of the largest biryani chains in the world, on Thursday announced massive expansion plans to open 500-company owned restaurants with about Rs 500 crores investment in 5-years across the country. Focussing on Tier 1 and Tier 2 cities , the new Restaurants to come in all major cities across 100 cities in the country and will bring newer geographies into its foray, Paradise Food Court Pvt Ltd CEO Mr Gautam Gupta said in a virtual press conference here. Currently, the company is operating 50 Restaurants in Andhra Pradesh and Telangana and others parts , he said has been aggressive in its expansion in H2 of the Financial year 2022.
With a 70 years history of delivering unmatched biryani and kebab experience to millions of food lovers across the country, it is also on its way to crossing the milestone of 100 Restaurants by the end of this Calendar year, he said. Mr. Gautam said the 500 restaurants to come up in Southern, Northern, Western and Eastern parts of the country as part of aggressive pan India plan. The Company’s current revenue was Rs 250 crore and expected to touch Rs 400 crores by next year, he informed.
