Haldiram’s business expansion: Haldiram Group, included in the list of India’s well-known and largest food companies, is now preparing to take its business to new heights. The company is planning to open a western-style quick service restaurant in India. Under this scheme, Haldiram can enter into a franchise deal with American global restaurant company Inspire Brands.
If this deal is approved, Haldiram Group will launch Inspire Brands’ sandwich chain ‘Jimmy John’s’ in India. According to media reports, Haldiram Group wants to establish itself like global brands like Subway and Tim Hortons. The company’s focus is on youth who like western style cafes.
Jimmy John’s wants to do global deal
Jimmy John’s is a food company making subway style sandwiches and wraps. It was established in the year 1983. Jimmy John’s business is spread in America including Canada, South Korea and United Arab Emirates. The company has more than 2600 restaurants in all these countries. Talking about the sales of Jimmy John’s, according to their website it is a famous delivery sandwich brand of America with total system sales of $2.6 billion.
Multi-brand restaurant company Inspire Brands now wants to reach new markets through international franchise deals. Recently, after announcing its quarterly results, the company had said that the company is preparing to expand its business at the global level. Company President Michael Haley said that, for the last 40 years, the Jimmy John’s sandwich brand has focused on quality and simplicity, and now the time has come to bring this experience to more countries around the world.
Haldiram’s profit
Haldiram Group has played an important role in taking Indian food to different parts of the world. Indians like Haldiram’s local dishes very much. If we talk about the company’s profit, Haldiram Group had generated a revenue of Rs 12,800 crore in the financial year 2024 and the company made a net profit of Rs 1,400 crore.
Also read: Gold shines back before wedding season, know the latest rate of your city on November 10
