Sagar Ratna Hotels to expand overseas via franchising

Mar 08, 2010

New Delhi-based Sagar Ratna Hospitalities, owners of Swagath and Sagar Ratna chain of restaurants, is reportedly planning to venture into overseas markets in the coming years via the franchise route. Sagar Ratna is a vegetarian south Indian cuisine restaurant brand, while Swagath is a non-vegetarian Indian Mughlai, Manglorean, Malabari and Chinese cuisines brand.

According to Jayaram Banan, chairman and managing director, Sagar Ratna Hospitalities, the Group is planning to set up around 250 outlets in overseas markets in the next five years.

Banan said that the Group has already identified franchisees in places like Bangkok, in the UAE and Canada. “Our Bangkok outlet will be operational in the next 15 days. Two outlets -- one each of Swagath and Sagar Ratna -- will become operational in Ontario, and Toronto in Canada in April,” he said.

Sagar Ratna already has an outlet in Singapore.