Gourmet Investments Hospitality Group, which runs PizzaExpress and Chili's in India, plans to double its restaurant count over the next three years and to launch the Olive Garden brand in the country on Monday, the company's CEO said.
Global brands, from Estee Lauder to Hyatt Hotels, are investing in India in the hope the country's more affluent consumers will continue to spend over the long term even though inflation is rising globally and limiting ordinary people's spending power.
