BANGALORE: American ice cream brand Swensen’s has opened its first outlet in Bangalore, India at what is purportedly the largest mall in India – The Mantri Square. The Swensen’s franchise for South India is held by the Ravi Jaipuria (RJ Group)-owned Devyani International Limited (DIL).
On the anvil over the next few months are a Swensen’s outlet at the international airport in New Delhi, three more outlets in malls and one in a high street in Bangalore. DIL is also scouting for suitable locations at malls and high streets in other major south Indian towns and cities to bring the count to over eighty during the next five years. DIL is targeting revenues of Rs.500 million from the estimated Rs 13 billion and growing organizsd ice cream retail market in India.
DIL’s mass media plans for Swensen’s, once the number of outlets have been increased, include radio and outdoor media that it has already been using for its recently launched Costa Coffee brand.
The RJ group has Indian franchises for global foods and beverages brands such as Pizza Hut, Kentucky Fried Chicken (KFC), Costa Coffee, Pepsi and Disney Artist.
Tags: Swensens,Devyani international, Pizza Hut, kentucky fried chicken, Costa Coffee, disney artist, Ice Cream Franchise,Food Franchise, Dessert Franchise, Gelato Franchise,Mantri Square Mall
Source:Indian Television Com, 10 June, 2010.
Showing posts with label Dessert Franchise. Show all posts
Showing posts with label Dessert Franchise. Show all posts
Thursday, June 10, 2010
Thursday, May 20, 2010
The Kamaths Aspire To Take Natural Icecreams international
We plan to foray into overseas markets
The Kamath family hatched an ice cream business a quarter of a century ago in Mumbai. And, as the popularity shot, the store count went on increasing. Summer, the most demanding time of the year for this kind of a business has brought in with it scores of opportunities that the family is busy scooping! One of the finest frozen desserts available in the artisanal ice cream space—Natural ice creams has big expansion plans. Pravda Godbole spoke to Raghunandan Kamath, Founder, Kamaths Ourtimes Ice creams Pvt. Ltd., whose son Srinivas Kamath now heads the business development
How do you plan to structure your company?
We have big expansion plans and hence we are going to adopt complete ERP (enterprise resource planning) solutions to be able to turn our dream of expanding the business into a reality. Currently we have 72 outlets in 8 locations, and we plan to scale up to a 100 stores in yet to be explored territories like Kolkata, Chandigarh, Ludhiana, Jaipur, Indore, Chennai and the like along with overseas expansion plans on the cards.
What kind of overseas presence are you looking at?
We have had many franchise inquiries from Europe. We will definitely consider it but before that we have plans for 2011 to enter countries closer home like Dubai, Mauritius, Sri Lanka and Malaysia. On the local front, we plan to grow from 72 outlets to a 100 by December 2010.
Will that require you to scale up your manufacturing?
The company recently invested Rs 25 crore in a new manufacturing unit in Mumbai and a food processing plant in Mangalore. While the factory's capacity is 12 tonne per day, it can be scaled up to 15 tonne per day. The manufacturing facility will take care of supply for the whole of national market. Activities like processing and pulping fruits and then storing them will be carried out in this facility which we opened last month.
What kind of new offerings will be introduced for this season?
We will soon launch a low fat kulfi—this will be our fourth offering apart from ice cream, milkshakes, and malai ice cream with fresh cut fruits. Innovation is the key here. People know us as an ice cream brand alright but we are looking at a multi market presence. Our factory is probably the biggest in Asia in this category of ice creams and we play with local flavours. For example, we plan to introduce beel a local fruit from Jaipur the way we serve jack fruit in Goa. These flavours are unique to their locations.
What is the current size of the company and what are your targets?
We hit Rs 30 crore in year ended March 2010. We target to close in to Rs 50 crore in the next financial year with an investment budget of Rs 3 crore in the next three years required for expansion plans and scaling up to meet the business demand that rises by close to 30 per cent in the summer season.
Tags:Natural Ice Cream, Natural Franchise, Ice Cream Franchise, Dessert Franchise, Raghunandan Kamath, Srinivas Kamath,ice cream business, kamaths outimes ice cream, gelato franchise,franchising ice cream,
Source:Business Standard Q&A: Raghunandan Kamath, Founder, Kamaths Ourtimes Ice creams
Pravda Godbole / Mumbai May 14, 2010, 0:52 IST
The Kamath family hatched an ice cream business a quarter of a century ago in Mumbai. And, as the popularity shot, the store count went on increasing. Summer, the most demanding time of the year for this kind of a business has brought in with it scores of opportunities that the family is busy scooping! One of the finest frozen desserts available in the artisanal ice cream space—Natural ice creams has big expansion plans. Pravda Godbole spoke to Raghunandan Kamath, Founder, Kamaths Ourtimes Ice creams Pvt. Ltd., whose son Srinivas Kamath now heads the business development
How do you plan to structure your company?
We have big expansion plans and hence we are going to adopt complete ERP (enterprise resource planning) solutions to be able to turn our dream of expanding the business into a reality. Currently we have 72 outlets in 8 locations, and we plan to scale up to a 100 stores in yet to be explored territories like Kolkata, Chandigarh, Ludhiana, Jaipur, Indore, Chennai and the like along with overseas expansion plans on the cards.
What kind of overseas presence are you looking at?
We have had many franchise inquiries from Europe. We will definitely consider it but before that we have plans for 2011 to enter countries closer home like Dubai, Mauritius, Sri Lanka and Malaysia. On the local front, we plan to grow from 72 outlets to a 100 by December 2010.
Will that require you to scale up your manufacturing?
The company recently invested Rs 25 crore in a new manufacturing unit in Mumbai and a food processing plant in Mangalore. While the factory's capacity is 12 tonne per day, it can be scaled up to 15 tonne per day. The manufacturing facility will take care of supply for the whole of national market. Activities like processing and pulping fruits and then storing them will be carried out in this facility which we opened last month.
What kind of new offerings will be introduced for this season?
We will soon launch a low fat kulfi—this will be our fourth offering apart from ice cream, milkshakes, and malai ice cream with fresh cut fruits. Innovation is the key here. People know us as an ice cream brand alright but we are looking at a multi market presence. Our factory is probably the biggest in Asia in this category of ice creams and we play with local flavours. For example, we plan to introduce beel a local fruit from Jaipur the way we serve jack fruit in Goa. These flavours are unique to their locations.
What is the current size of the company and what are your targets?
We hit Rs 30 crore in year ended March 2010. We target to close in to Rs 50 crore in the next financial year with an investment budget of Rs 3 crore in the next three years required for expansion plans and scaling up to meet the business demand that rises by close to 30 per cent in the summer season.
Tags:Natural Ice Cream, Natural Franchise, Ice Cream Franchise, Dessert Franchise, Raghunandan Kamath, Srinivas Kamath,ice cream business, kamaths outimes ice cream, gelato franchise,franchising ice cream,
Source:Business Standard Q&A: Raghunandan Kamath, Founder, Kamaths Ourtimes Ice creams
Pravda Godbole / Mumbai May 14, 2010, 0:52 IST
Subscribe to:
Posts (Atom)