Aussie food giant, Baldor, is considering expanding its global operations and says it is now considering opening a second restaurant in India.
“We are in discussions with local restaurants, we have been looking at expanding our operations and there is a strong opportunity to open a second location in India,” Baldor India CEO Jaspreet Singh said in an interview with India Today.
“The opportunity is strong, the investment will be there, it’s very good for the local market.”
BALDOR opened its first Australian restaurant in New Delhi in 2012.
In recent years, the company has expanded to a number of other countries, including the United States, China, Hong Kong, Singapore, South Korea and Malaysia.
In addition to India, Baldus in Australia is also considering opening restaurants in the United Kingdom, South Africa and the United Arab Emirates.
“India has a great food scene and there are plenty of opportunities for us to expand our presence in that market,” Mr Singh said.
“There is a lot of demand for Australian beef, Australian cheeses, Australian wine and we are in talks with a few Indian restaurants.”
Baldor plans to open three restaurants in India and one in the U.S. in the next 12 months.
It is now working on plans to further expand its business in other countries.
In a recent interview with Bloomberg, Mr Singh noted that there were more than 30 million people in India who would like to eat Australian beef.
He said the company planned to open 10 to 15 restaurants across the country, in the first half of 2020.
Mr Singh did not disclose the number of restaurants in each country.
BALDORS expansion plans have attracted attention from some other food brands.
Last year, Canadian chain Chipotle announced it was considering opening two restaurants in Singapore, adding to a growing number of such expansion plans.