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South African premium cocktail- bar chain News Cafe plans to invest up to Rs 100 crore over the next five years to expand operations in India.The company, which ventured into India last week under a franchise agreement with Hyderabad-based Numbersonly Hospitality, said it plans to open 20 outlets across India in the next five years.
"We have just opened our first Indian restaurant at Delhi, which also marks our first foray outside the African continent. We will open four more cafes in India in 2010 and our plan is to have a total of 20 restaurants within five years," News Cafe General Manager (Restaurant Division) Alan van der Westhuizen told PTI.
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