Ajanta Pharma to invest Rs 100 crore for expansion of its quick-service restaurant business

In a bid to expand its quick-service restaurant business Wok Express, Ajanta Pharma will invest over Rs 100 crore. The company is planning to expand its presence in Mumbai and making an entry in four places, including New Delhi and Bengaluru.

So far, the company has invested about Rs 6 crore on setting up and operating its five outlets in Mumbai. Inspired by ‘Wok to Walk’, a restaurant in New York that allows customers to make their own Asian recipes, Wok Express will compete with Chinese restaurants such as Yo! China and other QSR brands.

Ajanta Pharma is a fully-integrated pharmaceutical company with global headquarters in Mumbai, India. Over 6,000 employees are engaged in developing, manufacturing and marketing of quality finished dosages across 35 countries.