Hospitality sector projects by Vatika Group in Multi Location
Project Information
6982
Vatika Group
Vatika Group, a diversified group with interests in real estate and hospitality, is looking to invest Rs 100 crore to open around 200 quick service restaurants (QSR) under the 'Nukkadwala' brand across the country by the end of 2019. Quoting Gaurav Bhalla, Group Managing Director of the Group, Press Trust of India (PTI), reported that the new brand will serve street food from all corners of the country reflecting regional diversity.
"We plan to invest Rs 100 crore to open around 200 Nukkadwala restaurants in India by the end of 2019," said Bhalla. The brand is being launched first in Gurgaon to be followed by four locations in the National Capital Region, he added.
"Deployment of state of the art technology at these restaurants would aim to enhance the guest experience, aid the operations and drive down the costs," Bhalla said.
When asked how the company plans to raise the funds for investment in these outlets, Bhalla said: "It will be through internal accruals.
Project Value
INR 100 Crore /-
Investment Approved
Multi Location
Haryana
India
Hospitality
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