Kahini Chakraborty – Mumbai
Delhi-based Kwality Group is looking at aggressively expanding its bread and confectionary brand – Bread & More in and around the Delhi and NCR region. With eight outlets under this brand in Delhi, Mumbai and Goa, the company is aiming to this establish 12-16 outlets by March 2016. Dhruv Lamba, executive director, Kwality Group informed, “We are looking at a store to store growth with a 10-12 per cent growth year-on-year. After expanding our Bread & More brand, we will seek private equity funding for further expansion and then look at adopting the franchisee based business model.” When asked about the investment for expansion of the brand, he refrained from commenting on the same.
The company operates its brands under: restaurants (The Village Restaurant Complex; The Kwality restaurant; Gaylord Mumbai; Gaylord London), Kwality Club Dining (Oriental Lounge, Indian Restaurant; Chopsticks), bakeries (Bread & More- Delhi and Goa), and Kwality quick service restaurants (Kwality Express, Chopstick Express). “As far our legacy in restaurant business is concerned, Gaylords in Mumbai has been operational since many years. We will be completing 50 years of operations of Gaylords London soon. We recently introduced new menus and have adopted new food presentation techniques at Gaylords Mumbai. Through this change, we are looking at attracting the youth.”