Mumbai, Oct 26 (PTI) True Palate Hospitality aims to reach Rs 900-1,000 crore in revenue by 2030, with plans to expand its portfolio to 50 restaurants through a Rs 30-40 crore investment.
The company currently operates approximately 20-22 outlets across India and international markets, with brands including One8 Commune, Neuma and Pincode, True Palate Hospitality said in a statement.
The company operates across India’s key metropolitan and high-growth lifestyle markets, including Delhi-NCR, Mumbai, Hyderabad, Kolkata, Jaipur, Indore, Goa and Punjab, with an international presence in Dubai and Abu Dhabi.
“We are targeting 50 outlets over the next five years, with a revenue ambition of Rs 900-1,000 crore by 2030. Our focus is on expanding our existing
brands in a way that makes commercial sense, identifying the right markets and ensuring that each format has room to grow. We see opportunities across both established and emerging dining destinations, and our priority is to scale thoughtfully while building a sustainable business,” True Palate Hospitality co-founder and director Vartik Tihara said.
As part of its five-year expansion roadmap, True Palate Hospitality plans to invest about Rs 30-40 crore to support the expansion.
The company is exploring markets like Goa, Surat and Ahmedabad, where it sees opportunities to expand its portfolio with a focus on company-owned outlets and franchise-led models. PTI SM MR
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