Bistro plans 10 new TGIF outlets

Bistro Hospitality will inject nearly Rs 30 crore in its specialty restaurant chain TGI Friday's to set up 10 new outlets by March 2009.

Bistro Hospitality will inject nearly Rs 30 crore in its specialty restaurant chain TGI Friday's to set up 10 new outlets by March 2009, in line with its plans to become a Rs 100-crore company by 2010.

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The company is a master franchisee of US-based Carlson Restaurants Worldwide's (CRW) specialty restaurant format TGIF in India and adjoining areas. It presently operates seven TGIF outlets across major metropolitan cities of the country.