Lite Bite Foods, which runs close to 140 restaurant stores including Punjab Grill, Baker Street and Street Foods, has bagged master concession right for development of eateries in 5-tier 2-tier airports in India. The company plans to open close to 60 new outlets in India in the next financial year, mostly in these new airports, through a portfolio of its owned and franchised brands. At present, the company opens outlets from the portfolio of 12 owned brands and 7 managed brands such as KFC Burger Kings, Subway and Pizza Hut at airports. Lite Bite Foods’ outlet plan is a big thump up for the signage companies looking for lucrative in-store projects in the retail domain.
