At present, the company opens outlets from the portfolio of 12 owned brands and 7 managed brands such as KFC Burger Kings, Subway and Pizza Hut at airports.
Lite Bite Foods, which has around 140 restaurant oulets including Punjab Grill, Baker Street and Street Foods, has bagged master concession right for roll out of eateries in 5-tier 2-tier airports in India.
In the next financial year, the company plans to open close to 60 new outlets in India, mostly in these new airports, through a portfolio of its owned and franchised brands.
At present, the company opens outlets from the portfolio of 12 owned brands and 7 managed brands such as KFC Burger Kings, Subway and Pizza Hut at airports. The company also operates 58 outlets at airports in Mumbai, Delhi, Bengaluru, Pune, Jammu and Goa.
“Travel by Indians is going up and we want to look at airport travel retail as a separate business vertical. We have had experience of running eateries at airports. We have bagged master concession for Indore, Ahmedabad, Coonoor, Calicut, and Bhubaneshwar airports,” said Amit Burman,Lite Bite Foods Chairman.
We are also looking at expanding the existing presence at the Jammu and Pune Airports, he added.
Burman, who is also home grown FMCG major Dabur's group vice chairman, said the company also plans to bid for concession at airports outside India such as Thailand, Singapore and Dubai, whenever an opportunity comes.
The company is also looking at expanding its business of institutional catering. It at present operates 21 outlets for running this business. It serves 10 institutional clients.