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In September–October 2008, Actis, a UK-based private equity investor, invested US$65 million in the Nilgiris Group in order to strengthen the group's manufacturing and franchising operations in South India. This investment has given Actis a controlling interest (more than 51% stake) in the Nilgiris group.
In 1958, Monginis catering was taken over by the Khorakiwala family, and became Monginis Foods Private Limited. [2] In 1971, the company adopted the franchise model of business, with a stated emphasis on localized production for local tastes. It also models itself on the "food boutique" concept, focusing on quality, presentation and service.
Indian Coffee House – Restaurant chain in India, run by co-operative societies; Jumbo King – Indian fast-food restaurant chain; K.C. Das Grandsons – Indian confectionery; Karachi Bakery – Indian Food company; Kwality Wall's – Indian food company; Mavalli Tiffin Room – Indian restaurant and catering company; Monginis – Indian ...
MFIL was a wholly owned Central Government-owned PSU. This was the first privatisation of public sector unit by the government of India. Modern Foods had over 40% of the bread market in India. [3] HUL was the sole bidder for Modern Foods. It paid Rs 10.5 million, as per the valuation exercise undertaken by its valuer ICICI, for 74% of the shares.
In October 2021, the company partnered with 7-Eleven to franchise the latter's stores in India, opening India's first 7-Eleven in Mumbai. [28] In July 2022, Reliance Retail entered a similar franchising agreement with Gap to bring Gap to India. [29] In January 2022, Reliance Retail invested $200 million in Dunzo for a 25.8% stake. [30]
Breads, cakes and patisserie for sale at the Berman's Bakery retail bread shop in Givat Shaul, Jerusalem Bread baking in a traditional oven This is a list of notable bakeries . A bakery is an establishment that produces and sells flour -based food baked in an oven such as bread , cakes , pastries , and pies . [ 1 ]
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In India, the company has 42 outlets in the National Capital Region alone, and has as many as 12 outlets in the UAE and 7 in Nepal. Bikanervala is also present in New Zealand, Singapore, and the US (two outlets each), and had a recent opening in Qatar. Manufacturing is based in Delhi, Noida, Uttar Pradesh, and Faridabad and Rai in Haryana. [10]