Lite Bite Foods to invest Rs 100 crore in 3 years
Lite Bite Foods, a quick service food chain, envisages to make an investment of Rs 100 crore with the aim to inaugurate around 45 stores in the coming three years across the country.
At present, the food chain is having 40 stores and intends to add 10 outlets by the end of current year.
The sources informed that the company has two-fold the number of outlets in fiscal 2008, while its sales have surged three-fold last fiscal.
As per reports in media, Lite Bite Foods is the franchisee of fast food chain Subway. The company also operates brands like Food Union, Fresco, Baker Street as well as Pinos Pasta Pizza.