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This Article is From Oct 26, 2013

Burger King says no plans to enter India yet, still 'exploring' the market

Burger King says no plans to enter India yet, still 'exploring' the market
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Global fast food chain Burger King has said it is still exploring the Indian market, and there are no openings scheduled as of now.

"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," Florida-based company Burger King told IANS in an e-mail response on Friday.

There have been reports mentioning the fast food chain's plans to enter the Indian market through a franchising partnership with a company majority-owned by private equity firm Everstone, and that its India venture will be spearheaded by Rajeev Varman, the chief executive of Burger King in the UK.

The company, however, did not directly confirm or deny any such media report.

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.

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