Sagar Ratna to expand overseas via franchising
New Delhi-based Sagar Ratna Hospitalities, owners of Swagath and Sagar Ratna chain of restaurants, will venture into overseas markets in the coming years. The company has already identified franchisees in places like Bangkok, in the UAE and Canada. It is planning to set up around 250 outlets in overseas markets in the next five years, Hospitality Biz India has reported, citing its top official.
“Our Bangkok outlet will be operational in the next 15 days. Two outlets -- one each of Swagath and Sagar Ratna -- will become operational in Ontario, and Toronto in Canada in April,” said Jayaram Banan, chairman and managing director, Sagar Ratna Hospitalities. Sagar Ratna already has an outlet in Singapore.
“Our Bangkok outlet will be operational in the next 15 days. Two outlets -- one each of Swagath and Sagar Ratna -- will become operational in Ontario, and Toronto in Canada in April,” said Jayaram Banan, chairman and managing director, Sagar Ratna Hospitalities. Sagar Ratna already has an outlet in Singapore.
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