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Vatika Group to invest 100 crore in Quick Service Restaurants (QSR)

01-February-2016
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Vatika Group to invest 100 crore in Quick Service Restaurants (QSR)

Taking the ‘Make in India’ mission forward, the Vatika Group, a diversified organization with interests in real estate, hotels, fine-dining restaurants, education, business centers and facilities management across the country, has announced its plans to diversify in the Quick Service Restaurants (QSR) business under the ‘Nukkadwala’ brand with an initial investment of Rs 30 crore.

 Nukkadwala aims to present local favourites in an organized and hygienic environment and is being positioned as age, class, and occasion agnostic venture with a low cost-to-sales ratio.

Speaking about this new venture, Gaurav Bhalla, Managing Director, Vatika Group, said, “Inspired by a billion foodies, Nukkadwala revives the zing and essence of India's rich culinary heritage.  Nukkadwala offers the choicest delectable treats from the streets across India, right in your neighbourhood all under one roof. The idea is to popularize local Indian flavours across the world, just like our mouth waters at the mere mention of Italian pizza. Deployment of state of the art technology would aim to enhance the guest experience, aid the operations and drive down the costs.”

Vatika Group is opening the first such outlet at Sohna Road, a premium locality in Gurgaon, Haryana. With a vision to grow rapidly in the QSR business, the group has signed up another four locations in the NCR.

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