The Delhi-based Sagar Ratna Hotels Pvt Ltd, which runs the Sagar Ratna chain of restaurants in northern India, is planning to expand its network in Gujarat, according to Mr Roshan Banan, Director of Sagar Ratna Hotels Pvt Ltd.
In an informal chat with Business Line here on the sidelines of the launch of ‘Kudlada Ruchi’ (Taste of Mangalore) festival at the Ocean Pearl Hotel on Thursday, Mr Banan said plans are there to open Sagar Ratna Hotels in Gujarat in the next one to two years.
“We are pondering whether to go on our own or take the franchise route,” he said.
Mr Banan said that the company will open an exclusive Jain restaurant at Hotel Ashok in South Delhi in the next three to four months. The food served there will be devoid of garlic and onion, he said.
Stating that the company is also into industrial catering segment, he said it has been catering the needs of a major industrial house in Noida, a major hospital in Delhi and some of professional education institutions in northern India.
On the expansion plans of the company, he said plans are there to have a total 100 outlets in the next five years. Sagar Ratna made an entry into Bangkok three months ago, he said.
At present, the group runs around 75 Sagar Ratna chain of restaurants in various parts of northern India and in Mangalore. In Delhi National Capital Region alone, the company owns 25 outlets.
The company entered the hospitality market of Mangalore with Ocean Pearl (an 84-room luxury hotel) last year. Sagar Ratna has outlets in Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh and Jammu.
Source : The Hindu Business Line
