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Burger King is still 'exploring' Indian market

The company did not directly confirm or deny that it could enter India through a franchising partnership with a company majority owned by private equity firm Everstone

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IANS Washington
Last Updated : Oct 26 2013 | 2:37 PM IST

Burger King, which claims to be the second largest fast food hamburger chain in the world, says it is still exploring the India market but as of now no openings are scheduled.

"We're still exploring the India market, however, there are no openings scheduled at this point. As always, we're more than happy to share news with you when we have it," the Miami, Florida based company told IANS in an e-mail response Friday.

The company did not directly confirm or deny an Indian media report that it will soon enter India through a franchising partnership with a company majority owned by private equity firm Everstone.

The Economic Times story also stated that Burger King's India venture will be spearheaded by Rajeev Varman, the chief executive of Burger King in the UK.

Founded in 1954, Burger King, famous for its "Whopper" sandwich, claims to

serve more than 11 million patrons around the world every day

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In 2010, 3G Capital, a global multi-million dollar investment firm, purchased Burger King Corporation, making it a privately-held company.

 

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First Published: Oct 26 2013 | 2:20 PM IST

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