{"id":3503,"date":"2014-03-31T11:06:40","date_gmt":"2014-03-31T11:06:40","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=3503"},"modified":"2014-03-31T11:13:44","modified_gmt":"2014-03-31T11:13:44","slug":"polo-towers-group-plans-set-100-franchise-outlets-2016","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/polo-towers-group-plans-set-100-franchise-outlets-2016\/","title":{"rendered":"Polo Towers Group plans to set up 100 franchise outlets by 2016"},"content":{"rendered":"
\"Polo<\/a>

Polo Towers Group<\/p><\/div>\n

Kolkata<\/a><\/strong> Franchise India news<\/a><\/strong> : Kolkata City based Polo Foods has bagged the master franchise rights for three American quick service restaurants (QSR) \u2014 Great American Cookies, Quiznos and Forever Yogurt.<\/p>\n

The company plans to set up 100 outlets by 2016, with the three brands coming to the city in 2-3 months.<\/p>\n

Polo, part of hospitality company Polo Towers Group<\/strong>, will be the master franchises<\/a><\/strong> for Great American Cookies in the whole country, while the rights for Quiznos is for eastern India. Forever Yogurt will be opened in India<\/a><\/strong>, Nepal, Bangladesh, Bhutan, Myanmar and Sri Lanka. The company will invest Rs 100 crore over a two-year period in the Food & Beverages business<\/a><\/strong> to set up front-end and back-end infrastructure.<\/p>\n

\u201cThe food market in India<\/a><\/strong> is growing fast and organised QSR is growing faster. The idea is to make Polo Foods a platform from where multiple brands can open outlets,\u201d said Deval Tibrewalla, CEO and director, Polo Towers Group.<\/p>\n

\u201cWe are also in talks with two other brands,\u201d he said.
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