Tag: Popeyes

  • Jubilant FoodWorks signs MoU with Coca-Cola India for its sparkling beverages

    Jubilant FoodWorks signs MoU with Coca-Cola India for its sparkling beverages

    MUMBAI: Just a couple of  weeks after the Jubilant Bhartia group said that it would be taking a 40 per cent stake in Hindustan Coca-Cola Holdings (the parent company of the largest Coca-Cola bottler in India),  it announced that its offshoot Jubilant Foodworks Ltd (JFL)  has signed a memorandum of understanding (MoU) with Coca-Cola India to procure its  sparkling beverages for its fast-food outlets.

    JFL  operates five brands – three of them are under master franchise  agreements from three global players —Domino’s, Popeyes, and Dunkin’—and two are proprietary brands Hong’s Kitchen, an Indo-Chinese QSR  brand in India and a café brand Coffy in Turkey. The group has 3,130 outlets in six markets including India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia with India accounting for 2,199 of them as of 30 September.

    Until now, Coke rival PepsiCo was the beverage partner of Domino’s in India following  an agreement in 2018. As part of that, PepsiCo’s  carbonated beverages such as Pepsi, Mountain Dew, 7Up, and Mirinda along with Lipton Ice Tea are served to customers. India is the largest market outside of the US for Dominos. 

    The Coca-Cola Co India’s brands include Coca-Cola, Thums Up, Sprite, Minute Maid, Maaza, SmartWater, Kinley, Limca, and Fanta.

    JFL made a regulatory filing with the Bombay stock exchange informing it of the MoU on 26 December. It further stated that “MoU between Coca-Cola India and JFL contains the principal terms and conditions for purchase of a portfolio of sparkling beverage products and certain other products from The Coca-Cola Co authorised bottlers and for conducting marketing activities (which will be undertaken in the usual/ordinary course) for the said products, as defined in the MoU in relation to various brands of JFL (franchised/owned brands) and products purchased by JFL from The Coca-Cola Co authorised bottlers. A master agreement will be executed between the parties based on the principal terms and conditions mentioned in the MoU on 1 April 2025.  After execution of the master agreement, The Coca-Cola Company authorized bottlers will become suppliers of sparkling beverages and other products as set out in the MoU to JFL. The arrangement will help JFL enhance its consumer offerings.”

  • Jubiliant Bhartia group develops thirst for Coke’s biggest Indian bottler

    Jubiliant Bhartia group develops thirst for Coke’s biggest Indian bottler

    MUMBAI: It’s bottling  a major partnership with  the famous Bhartia brothers  – Shyam and Hari.  Atlanta-based The Coca -Cola Co today announced that it has reached an agreement with the multibillion dollar, well- diversified Jubilant Bhartia group to acquire a 40 per cent stake in Hindustan Coca -Cola Holdings (HCCH). 

    HCCH is  the parent company of the largest Coca -Cola bottler in India, Hindustan Coca -Cola Beverages (HCCB) which primarily has a presence in the south and west of India. 

    “The Jubilant Bhartia group will bring invaluable experience and insights to our business as we continue to grow our presence in India,” said The Coca- Cola Co president of international development Henrique Braun. “Jubilant Bhartia Group brings a track record of building and growing consumer and other businesses in India with international partners. They are also committed to investing in the communities they serve.”

    The Coca -Cola Co’s locally-owned franchise partners in India are positioned to drive successful outcomes. The investment by the Jubilant Bhartia Group family will contribute to the company’s ongoing success and help strengthen its position in the Indian market, added The Coca-Cola Co in a press statement.

    Jubilant Bhartia group founder & chairman Shyam S. Bhartia and founder & co-chairman Hari S. Bhartia said the investment is an ideal addition to their business. They have a fortune estimated at about $.4.5 billion according to Forbes. The group has a presence in fast food, pharma, energy and auto distribution. Group company Jubiliant Foodworks operates the Dominos Pizza, Dunkin Donuts and Popeye’s franchises in India.

    “The Coca- Cola Co is home to some of the most respected global brands and we are delighted to be associated with them,” Bhartia said. “Together, we will leverage opportunities to grow the business to greater heights and ensure more Indian consumers can enjoy The Coca Cola Co’s refreshing portfolio of iconic local and international brands.”

    Because the brothers have non-disclosure agreements with the  beverage giant, the Bhartias were loath to reveal any details of the scale of investment the deal entailed, but market guesstimates are that it  is at around Rs 12,500 crore, with HCCB being valued at Rs 31,250 crore.

    The Coca -Cola India  president  & southwest Asia operating unit head Sanket Ray said.  “We welcome the Jubilant Bhartia group to the Coca -Cola system in India. With its diverse experience in various sectors, Jubilant brings decades of rich experience that will help accelerate the Coca -Cola system, enabling us to win in the market and provide greater value to local communities and consumers.”

    The transaction is subject to regulatory approval. Rothschild & Co acted as exclusive financial adviser to The Coca -Cola Co while Morgan Stanley was the advisor for the Jubiliant Bhartia group

  • “We aim to become a 1000-crore brand in four to five years”: Popeyes’ Gaurav Pande

    “We aim to become a 1000-crore brand in four to five years”: Popeyes’ Gaurav Pande

    Mumbai: Who doesn’t love fast food? And when it comes to fried chicken, the crispy delight knows no borders. From the sizzling street corners of India to the global giants of fast-food chains, fried chicken has become a universal indulgence, winning hearts and taste buds worldwide.

    Adding to this global love affair, Popeyes, the iconic US fried chicken brand, brings more than 50 years of rich history and culinary tradition to the table. Distinguishing itself with a unique New Orleans-style menu, Popeyes offers a tantalizing range that includes the famous Chicken Sandwich, Popeyes Signature Chicken, and delectable Chicken Tenders. The brand made its debut in Bengaluru in January 2022, quickly spreading its flavorful wings to Chennai, Hyderabad, Coimbatore, and Manipal. With an eye on expanding its savory footprint, Popeyes is gearing up to make a flavorful entrance into Delhi NCR.

    Delving deeper, Indian Television in conversation with Popeyes EVP and business head Gaurav Pande discussed the brand’s USP, the significance of opening its first store in Delhi NCR, and much more…

    Edited Excerpts:

    On Popeyes setting itself apart in the fried chicken market and who does Popeyes consider its nearest competitor in the Indian and the global market

    For nearly 50 years, Popeyes has been rooted in Louisiana, known as a melting pot of cultures similar to many places in India. The fusion of Cajun and Creole cooking styles forms the basis of Popeyes recipes, celebrated for their bold flavors. In India, the focus is on fresh, never-frozen products sourced from local farms, marinated for over 12 hours in Cajun-inspired flavors, hand-battered, and cooked in-store. This approach emphasizes succulent texture and deep flavors, aligning with the culinary heritage. Popeyes aims to provide a best-in-class experience through its store and various channels.

    Upon launching in India, Popeyes introduced its own app and delivery fleet, marked by orange-colored bikes. The brand’s growth strategy involves remaining true to consumers, delivering the best food, and tailoring innovations to the Indian palate.

    In the Indian market, frankly speaking, I rarely think of competition, I think of consumers. So if we get our products right, if consumers love our product, we will win in this market and winning is not at the cost of any competition. Winning is by creating our own relevance. Popeyes aims to become the largest player in the fried chicken category in India, following its success in the U.S. where it recently attained the position of the largest fried chicken-serving chain. This achievement is attributed to staying true to the brand’s products and offering relevant innovations.

    On Popeyes entering the Indian market in 2022 and adapting to the local tastes and preferences of various cities it opened a store in

    The fast-growing non-vegetarian category in India, particularly chicken, is witnessing an increase in consumers and overall consumption. This category is characterised as underserviced and underpenetrated due to the limited number of players and untapped market potential. Popeyes, with its bold flavors rooted in the Cajun cooking philosophy, is well-positioned to enter the Indian market. Additionally, macroeconomic factors such as a growing economy and rising disposable incomes contribute to the growth of eating-out trends.

    Acknowledging the diverse Indian palate, Popeyes has customized its menu through small tweaks based on consumer feedback. The bone-in chicken, known for its bold flavors, and the flagship chicken sandwich with a brioche bun have been well-received by Indian consumers. The introduction of a vegetarian range tailored to the Cajun food philosophy allows even non-meat eaters to experience distinctive flavors. The recent launch of the “hot and messy” chicken range, featuring flavors like sweet chili and smoky pepper, has garnered positive feedback. The brand intends to stay true to its global Cajun roots while catering to the rich and flavorful taste preferences of Indian consumers.

    On Popeyes addressing the growing demand from health-conscious consumers globally, and are there specific initiatives or menu offerings aimed at catering to this segment

    While our focus is not on health-conscious consumers, our products adhere to high safety and hygiene standards. Our chicken is 100per cent non-antibiotic, sustainable, and traceable, sourced from farms with sustainable practices. We maintain end-to-end connectivity through a dedicated and hygienic supply chain, ensuring product safety. Operating our own supply chain allows us to promptly identify and address any temperature breaches. In the event of such breaches, affected products are not made available to consumers, ensuring the highest standards of safety and quality. Our real flavors, derived from genuine spices, are free from artificial additives. Cajun fries, for example, showcase visible spice specs, emphasizing the use of genuine ingredients. With fresh, non-frozen chicken, we prioritize both great taste and a satisfying experience for our consumers, underscoring our commitment to hygiene and safety.

    On the significance that Popeyes attaches to the opening of its first store in Delhi NCR, and what can customers expect from this location

    Delhi, a true haven for foodies, has a special place for our quick-service restaurant that embodies a unique culinary spirit. Our brand, founded by Al Copeland in 1972, has a fascinating story. Copeland personally crafted the bold flavors that became iconic. Legend has it that the bolder products rotated faster, creating a high demand. The milder classics, cooked on demand, had patrons waiting in queues, making them our highest-selling items.

    This story-rich brand perfectly aligns with Delhi’s love for both food and stories. We infuse heart into everything we do, from crafting flavors to cooking and serving. As we prepare to open our first store in a historically significant location, renowned for its food and authenticity, it reflects our commitment to entering the heart of Delhi. This perfect combination of bold flavors and compelling stories resonates with the ethos of both our brand and the city.

    On the trends shaping the fried chicken market, in your opinion

    The macro variable indicates significant growth in the category, particularly in chicken consumption and non-vegetarian meat, with chicken being the fastest-growing segment, even in Quick Service Restaurants (QSR). It is our responsibility to shape the market, given the current lack of variety in products. With 32 stores in just two years, we’ve introduced innovations, such as the hot and messy product, setting trends with uniquely seasoned items and offering a variety of flavors. Our diverse and never-frozen products aim to establish a new standard of expectation for succulence and juiciness in the market. We see it as our duty to bring innovation to a category that has lacked it for the past two years.

    On the TG that you cater to and how do you attract senior citizens who have a notion that home-cooked meals are superior to dining out

    From a communication and targeting standpoint, the brand primarily focuses on the millennial group, particularly early jobbers in the 18 to 35-40 age range. However, in terms of consumption trends, the brand attracts a diverse audience, including families and individuals beyond the age of 40. While the communication strategy remains consistent, product offerings are designed to appeal to various age groups and palates with a range of flavors featuring different heat and spice levels.

    Addressing the preference for home-cooked meals/ordering at home, the brand has been channel-focused since its inception. Through the Popeyes app or m.Popeyes.in, customers in the delivery range, starting with the launch in Delhi, can order and receive warm food at their doorstep within 30 minutes. The brand ensures an omnichannel approach, including its own delivery fleet, to cater to those who prefer enjoying the food at home rather than dining out.

    On future plans in terms of expansion and innovation

    We launched in 2022 and are now 32 stores strong. We are present in 10 cities, nine of them in South, Chandigarh being the city in the North and now entering Delhi. I think this is just a milestone for us in the larger scheme of things. Our intention is to become a 1000-crore brand in four to five years time. That’s what our true north is, which means that we will expand at a very fast pace. We will expand nationally, we will expand in other regions. Obviously, it will happen in a phased manner because all that I was talking about the product requires a lot of capability building at a supply chain level.

    To enable faster expansion, our initial focus is on building capabilities. This includes ensuring the availability of the freshest quality chicken, establishing marination capabilities for a 12-hour process, and optimizing the supply chain to efficiently connect all stores in a short timeframe. Once we successfully build these capabilities in a region, our expansion pace will significantly increase. So regional expansion will be more phased out but our pace will only be accelerating from where we are today.

  • Popeyes India’s mega chance to score ICC Men’s Cricket World Cup final tickets!

    Popeyes India’s mega chance to score ICC Men’s Cricket World Cup final tickets!

    Mumbai: Popeyes, the iconic US fried chicken brand, is thrilled to present an extraordinary opportunity for all Indian cricket enthusiasts. Get ready to win coveted match tickets for the ODI Men’s Cricket World Cup Final Live in Ahmedabad on 19 Nov 23.

    To kick off the cricket season with unmatched enthusiasm, Popeyes India has unveiled an array of World Cup Special Combos. When you purchase any of these special Combos, not only do you receive a complimentary branded sipper, but you also earn 1 run for every Re. spent. The top 4 scorers between 15th September and 31st October will be the lucky winners of these exclusive match tickets to witness the Men’s Cricket World Cup Final.

    Popeyes made its grand debut in India with the launch of its flagship restaurant in Bengaluru, followed by a rapid and successful expansion into multiple cities, including Chennai, Manipal, Coimbatore, Hyderabad and Madurai. Chicken aficionados across these cities have warmly embraced Popeyes in India. The meteoric success of Popeyes can be attributed to its meticulous hand-breading, battering, and marinating of locally sourced fresh chicken for a full 12 hours in distinctive Cajun seasonings – a classic fusion of cayenne pepper, garlic, onion, black and white pepper, and celery, guaranteeing a truly memorable gastronomic experience with every bite.

    Popeyes India executive vice president and head of business Gaurav Pande shared his thoughts on this unique campaign, saying, “Cricket in India is more than just a game; it has the power to unite people from all walks of life. Similarly, Popeyes India aims to unite friends and family through their iconic Louisiana-style fried chicken and signature Cajun flavours. During the ongoing ICC Men’s Cricket World Cup, we at Popeyes India have a special treat for our die-hard cricket fans. Order any World Cup Special combo at our participating Popeyes stores and stand a chance to win two tickets to the ICC Men’s ODI World Cup final. Popeyes, renowned for its world-famous Chicken Sandwich and a range of freshly sourced, antibiotic-free chicken special combos, offers not only flavour in every bite but also this unique opportunity for cricket enthusiasts to witness the ICC Men’s World Cup final live.”

    With India hosting the ICC ODI World Cup, emotions are set to reach a fever pitch as millions of fans come together to support their favourite teams and players. ICC Men’s Cricket World Cup tickets are scarcely available as most of them have been sold out. Fans of Popeyes across Bangalore, Chennai, Hyderabad, Coimbatore, and Manipal have this golden opportunity to turn their dreams into reality. Simply visit any of our restaurants, purchase any of our World Cup Special combos, and stand a chance to enjoy the Men’s Cricket World Cup Final Live from the stadium!

    To further enhance the flavour, excitement, and passion for the sport, Popeyes has partnered with Coca-Cola. This innovative and seamless collaboration between two beloved global F&B giants, each deeply embedded in the hearts of millions, promises an experience filled with joy and delight.