Krispy Kreme to Open Its First Shop in India

The fast food chain announces its first stores in India

Fast growing doughnut franchise Krispy Kreme is opening its first location in India. Its doughnuts, which can be found at gas stations, 7-Eleven?s and other fast food stores is known for its delicious heavy glazing, and are usually made fresh in front of customers.

Since 2004, the brand has rapidly expanded its international operations. The company reported 362 million in sales for 2011.

Today, Krispy Kreme announced a new partnership with Citymax Hotels Pvt. Ltd., for the development of 80 franchise Krispy Kreme retail locations over 5 years in the South and West regions of India. Citymax Hotels is part of the Landmark Group, one of the largest retailers in India and the Middle East.

?Working with Citymax Hotels, we are delighted to introduce the Indian consumer to the Krispy Kreme experience, including our one-of-a-kind Doughnut Theatre,? said?Jeff Welch, Krispy Kreme president, international. ?Our new partnership with Citymax Hotels. represents the extraordinary growth opportunity we believe exists for the Krispy Kreme brand in India.?

Krispy Kreme doughnuts can be found in over 730 locations in 22 countries, including Australia, Bahrain, Canada, China, Dominican Republic, India, Indonesia, Japan, Kuwait, Lebanon, Malaysia, Mexico, the Philippines, Puerto Rico, the Republic of Korea, Qatar, Saudi Arabia, Thailand, Turkey, the United Arab Emirates and The United Kingdom.

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Source: http://www.blackenterprise.com/small-business/krispy-kreme-india-shop-opens/

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