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Indian Hotels Company to expand food delivery platform Qmin in 25 cities over next two years

29 Jun 2021 Evaluate

Indian Hotels Company (IHCL) is planning to expand the reach of its food delivery platform, Qmin, targeting presence in 25 cities over the next two years. Qmin has also introduced the Qmin Food Truck service to cater to the need of on-the-go meals in Mumbai and plans to bring it to metro cities across India, including Bangalore and Delhi, followed by tier-two cities. The Qmin Food Truck will address the need for quick and easy meals for those on the go.

Youngest brand Qmin is now a full- fledged vertical, addressing multiple segments of the market. It is slated to be in 25 cities in total, with 6-8 trucks rolling out over the next 2 years.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, midmarket and value segments of the market.

Peers
Company Name CMP
The Indian Hotels Co 739.00
ITC Hotels 159.25
Mahindra Holi.&Resor 200.15
EIH 305.15
Chalet Hotels 879.65
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