KFC INDIA
Pizza Hut, KFC India operator's Q2 loss naarrows sharply on strong same-store sales growth
Devyani International, the parent company of KFC and Pizza Hut in India, has recorded a significant reduction in losses during its second quarter. For the third straight quarter, same-store sales for KFC increased by 4.4%. With revenues climbing by 10.4% to 15.19 billion rupees and expenses only rising 8.3%, Chairman Ravi Jaipuria emphasized the ongoing challenges posed by inflation and increasing interest rates.
McDonald’s supersizes its north and east India bet to $80 million, even as rising costs squeeze profit
McDonald's India is increasing its investment to approximately $80 million for growth and digitisation over the next two years. Surge in consumer demand and increased competition is prompting expansion. Despite the challenging environment due to inflation, the company aims for profitability while maintaining value for customers. McDonald's India's north and east division expects to achieve revenues of ₹2,000 crore by FY27.
CCI clears five major deals across food, energy, fintech and telecom sectors
CCI has granted approval for five significant business transactions in sectors like food services and renewable energy. The merger of Sapphire Foods India Limited with Devyani International Limited aims to combine their restaurant operations in India. Aditya Birla Renewables Limited is set to acquire Solenergi Power Private Limited from Shell for approximately Rs 17,200 crore. In financial services, Prosus N.V.
Devyani-Sapphire merger gets CCI approval, bringing KFC, Pizza Hut India operations under one roof
The Competition Commission of India has granted approval for the merger of Sapphire Foods India Limited with Devyani International Limited, consolidating two prominent quick-service restaurant operators. The merger aims to enhance operational efficiency and strengthen the presence of KFC and Pizza Hut in India, with the combined entity projected to operate over 3,000 stores globally.
CCI approves Adani acquisition of Intellismart
Adani Energy Solutions has received approval to acquire IntelliSmart Infrastructure, establishing a major presence in smart meters. This acquisition will help expand the Adani Group's operations in digital grid modernization efforts. The Competition Commission of India also approved other significant acquisitions in various sectors, highlighting ongoing consolidation in the market. Notable approvals include investments in telecom and quick-service restaurants, enhancing industry efficiency.
Guwahati gets its first 24x7 food court, The Terminal, opening November 1
The Terminal, Guwahati's first 24x7 food court, will officially open on 1 November 2026. It will consist of 42 food and retail outlets providing diverse culinary options, including Assamese and North Indian cuisines. The initiative aims to generate additional revenue for Indian Railways while improving passenger amenities and creating business opportunities. Chetan Kumar Srivastava highlighted this venture as beneficial for passengers and entrepreneurs alike.
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The food Indians buy is changing, and so is the scrutiny of what companies promise
India's Food Safety and Standards Authority of India has issued over 150 notices to various food and beverage companies. These notices address misleading advertisements, false claims, and labeling violations concerning multiple products. Regulatory actions involve well-known brands like ITC, AWL Agri Business, Dabur, and Hindustan Unilever. Additionally, serious food-safety violations have been flagged against companies like Priyagold and Dodla Dairy.
An Indiana man lost his father at 5, dropped out of school in 7th grade, and was forced to sell his restaurant at 65, today his brand operates 30,000+ outlets in 150 countries
Harland Sanders and Pete Harman established Kentucky Fried Chicken, which became a global fast-food franchise. KFC opened its first international outlet in London and later expanded into Asia, with Japan and China becoming key markets. By 2018, China had more KFC outlets than the US, which signified major market success. Read on to know the incredible success story of KFC.
From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?
The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now reevaluating their product claims and formulations as they face regulatory pressure. This heightened scrutiny could lead to rising operational costs and may require pricing changes for consumers. The increased compliance standards will likely benefit organized companies while posing significant challenges for smaller, unregulated businesses over time.
McDonald's supplier HyFun plans $208 million India IPO
HyFun Foods intends to raise up to 20 billion rupees through an IPO planned for late 2028. The company expects to initiate preparations for this IPO in mid-2027 as local demand increases. As frozen food becomes more popular, the firm anticipates significant revenue growth by expanding its capacity. The share of exports in revenue is projected to decrease from three-fourths to half within five years.
A Rs 99 bet: India’s QSRs rethink the value game
India's quick-service restaurants are implementing a Rs 99 price point to attract more customers. KFC, McDonald's, and Burger King are focusing on value meals and beverages to drive traffic. The Rs 99 meals aim to entice first-time visitors while creating upselling opportunities. There are concerns regarding the impact of lower average bills on overall profitability. The shift includes innovative approaches like vending pods and targeted advertisements to capture consumer interest.
Third Wave Coffee raises Rs 408 crore in funding round led by WestBridge Capital
The round, comprising a mix of primary and secondary capital, also saw participation from existing investor Creaegis and angel investors, the speciality coffee chain said on Monday. The company did not disclose its valuation or the split between the primary capital and secondary share sales.
FSSAI sends more than 150 notices to food, beverage firms
India’s food safety regulator FSSAI has issued over 150 notices to food and beverage companies over misleading advertisements, false claims and labelling violations.
FSSAI issued 150 notices to food companies in recent months over misleading advertisements
FSSAI has issued more than 150 notices to food companies in recent months over misleading advertisements, false claims and labelling violations.
KFC India operator bets on first-time customers as ₹99 meals drive turnaround
Sapphire Foods is shifting strategy to attract new customers with value meals. The company reported a net profit in the June quarter after implementing this approach. They aim to double their consumer base to over 100 million in five years. This strategy is driving transaction growth and average daily sales for KFC India. India's organized QSR market is projected for significant expansion in the coming years.
KFC launches sign language training programme for all employees in India
KFC India has introduced a mandatory sign language training programme for all its employees, including corporate staff. This initiative is part of the Kshamata program aimed at bridging gender and ability gaps. The company plans to double its speech and hearing impaired workforce by 2026.
KFC transforms bucket packs with sign language
KFC India is launching sign language design on its iconic buckets in all its restaurants across the country. The move is aimed at raising awareness for Indian sign language (ISL) and enabling customers to learn how to communicate using ISL. The buckets will feature visual tutorials for commonly used words and phrases. This initiative is part of KFC India's Kshamata program, which focuses on bridging the gender and ability gap.
Domino’s India apologises on Pakistan arm’s 'Kashmir solidarity post'
On Monday, KFC India had apologised, stating that it “remains steadfast in commitment to serving all Indians”. KFC’s apology, on its Twitter handle, read: "We deeply apologise for a post that was published on some KFC social media channels outside the country.”
KFC India posts apology for support for “Kashmir Solidarity Day” post by its Pakistan arm
The apology by the Indian food services chain follows calls for boycotting KFC India on social media.
KFC names its Asia MD Sabir Sami as global division CEO
KFC Asia has been a high-growth region representing 17 markets and comprises over 15% of all KFC division restaurants. India is a strategic, high-potential growth market for Yum, which also operates Pizza Hut and Taco Bell, and follows primarily a franchisee-based operational model.
Strongly believe in India story, will continue physical expansion despite COVID-19 disruptions: KFC
"Our intent is definitely to keep growing the brand. One of our biggest strategic pillars is what we call as access. We have to ensure that access to the brand continues to grow for the consumers, both physical and digital," KFC India Managing Director Samir Menon told .
KFC India to double women employees count at restaurants to 5,000 in 3-4 years
"On gender diversity, it has grown very organically. It is not like we were going out and trying to make a very loud exercise. Between 2013-14 and pre-Covid, in those five or six years diversity in our restaurants, from a gender perspective, has grown from 7-8 per cent to around 30 per cent...that included both team members and leaders of restaurants," KFC India MD said.
KFC to retain "Finger Lickin' Good" tagline for India even as it drops it globally
“In India, finger lickin’ is equally proportionate to how we relish our food. 'Finger Lickin’ will never go out of fashion for Indians,” a KFC India spokesperson said in an email revert, adding that the restaurant chain remains committed to urging consumers to scrub their hands clean.
KFC India to sell 61 more stores to Jaipuria-owned Devyani International
National Restaurant Association of India estimated the food service industry at Rs 4.2 lakh crore in 2018-19, and forecast to grow 9% by 2022-23 in a report released last month.
KFC fine-tunes India strategy, hands over 13 more stores to RJ Corp Firm
When asked if RJ Corp would be keen to acquire more KFC restaurants in India, chairman Jaipuria said: “We will be happy to acquire more KFC stores if and when Yum! decides to franchise them.”
Devyani International to invest Rs 1,000 crore ahead of IPO; ropes in former KFC India MD Shinde
The company has hired former KFC India managing director Rahul Shinde as executive director, as it looks to accelerate presence in a sector that is growing 15-20% annually.
KFC puts ‘stealth kitchens’ on menu to widen reach
These standalone full-service KFC kitchens won’t have any customer interface, will not double up as dine-on or take-away stores, and will have minimal branding
KFC India aims to provide 20 million meals by 2020
In India, the KFC has partnered with Smile Foundation and other organisations to feed over 10,300 underprivileged children every day, a KFC release said here today.
KFC India’s “add Hope” initiative to provide 20 million meals to underprivileged children by 2020
KFC’s Plate of Hope digital campaign will enable consumers to contribute through an interactive online session. For every plate created on the website, KFC will feed a hungry child.
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