November 14, 2010
While China has been a strong growth market for Pizza Hut parent company Yum! Brands the last couple of years, India is quickly gaining speed. The Economic Times of India reported that Yum!’s India division will invest $100 million to bring the unit count in the nation to 1,000 by 2015.
From the story:
Chaudhary said of the total restaurants planned, about half would be KFC outlets. Currently, Yum! Restaurants India operates around 300 restaurants across India, most of them under the 'Pizza Hut' and 'KFC' banners.
Recently, the company introduced Mexican fast food brand 'Taco Bell' in Bangalore.