Burger King, which claims to be the second largest fast food hamburger chain in the world, says it is still exploring the India market but as of now no openings are scheduled.
"We're still exploring the India market, however, there are no openings scheduled at this point. As always, we're more than happy to share news with you when we have it," the Miami, Florida based company told IANS in an e-mail response Friday.
The company did not directly confirm or deny an Indian media report that it will soon enter India through a franchising partnership with a company majority owned by private equity firm Everstone.
The Economic Times story also stated that Burger King's India venture will be spearheaded by Rajeev Varman, the chief executive of Burger King in the UK.
Founded in 1954, Burger King, famous for its "Whopper" sandwich, claims to
serve more than 11 million patrons around the world every day
In 2010, 3G Capital, a global multi-million dollar investment firm, purchased Burger King Corporation, making it a privately-held company.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app