Yum Plans to Spend $100 Million in India to Expand Restaurants
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Yum! Brands Inc., owner of the KFC and Taco Bell restaurant brands, said it will spend $100 million in four to five years to expand in India, including the addition of 100 outlets in the country this year.
The expansion is part of a plan to double stores in India and some neighboring countries to 1,000 by 2015, Niren Chaudhary, president of Yum in India, said yesterday in an interview in Mumbai.