MoneyWorks4Me

Reliance Industries to enter fast-food business with its own brand next year

12 Dec 2011 Evaluate

Reliance Industries, a $50-billion-plus oil and gas giant, will enter the fast-food business with its own brand next year, opening yet another front to do business directly with India's growing young population after retail and 4G wireless services. Reliance is exploring a scaleable model like McDonald's and Domino's, complete with a standardised menu and express delivery. It plans both independent outlets and presence in food courts.

Peers
Company Name CMP
Reliance Industries 1253.30
Indian Oil Corpn. 134.45
Bharat PetroleumCorp 304.60
HPCL 353.40
MRPL 170.60
View more..