The Taco Bell Corp. Unveils International Expansion



(Irvine, CA) In the restaurant world, the acronym QSR, means quick service restaurant.  In other words, a QSR is also a fast food restaurant.  Fast casual restaurant and catering/food truck, is also, part of the previously mentioned.  In the space of Mexican inspired quick service restaurants (QSRs), there is no one bigger than, Taco Bell.  In fact and currently, Taco Bell operates more than 500 Mexican inspired QSRs, in almost 30 worldwide markets.  For the United States of America, the Taco Bell Corp. operates a franchise model, and, there are more than 7,000 restaurants in total.  The popularity of Taco Bell, appears to be at a good high level.  For example; the Taco Bell Corp. predicts more than 9,000 restaurants around the world, and, in the United States of America by the year 2022.  As part of the prediction, the Taco Bell Corp. believes that revenue will reach the $15 billion USD mark.  Recently, the Taco Bell Corp. unveiled just how, it is going to arrive at its prediction.  Specifically and technically speaking, the aforementioned QSR business, will do it through an international expansion.  The international expansion is highlighted by the plan to build 600 Taco Bell restaurants, in the Country of India.  
             The highlighted 600 restaurant expansion, in the Country of India, is being done through a master franchise agreement.  As a business deal, the master franchise agreement, is with the business; Burman Hospitality Private Limited of India.  The commitment, of this business deal, is the development of 600 restaurants, within the next 10 years.  However and returning to, the unveiled international expansion.  Specifically; the international expansion, as it is planned, is the opening up of new international markets.  The new international markets are for the countries of Thailand, Australia, New Zealand, Indonesia and Portugal.  In January of the year 2019, the first Taco Bell was opened in Bangkok Thailand.  By the end of the year 2019, the Taco Bell Corp. plans to have five Taco Bell restaurants open for business, in Thailand.  This commitment, as a business deal, is with Siam Taco Co.  For the Country of Australia, Taco Bell restaurants will open in the cities of Sydney and Melbourne.  The aforementioned is expected to occur, within the next 12 months.  This commitment, as a business deal, is with Collins Foods.  In the Country of New Zealand, the Taco Bell Corp. will open, the first Taco Bell.  The latter, is expected to occur, within the next 12 months.  This commitment, as a business deal, is with Restaurant Brands Group.  Finally, the countries of Indonesia and Portugal, are current ongoing projects. 
            Returning to, the business deal with Burman Hospitality Private Limited of India, the aforementioned is Taco Bell’s expansion into the Country of India.  As previously said, 600 Taco Bell restaurants will be developed.  Currently, there are 35 Taco Bell restaurants, in the Country of India.  The business deal with Burman Hospitality Private Limited of India, will make the aforementioned business, one of the largest worldwide Taco Bell franchisees.  This project, in economic terms, is expected to contribute more than 20,000 jobs.  Additionally, the 600 Taco Bell restaurants will also have an accompanying supply chain, and, vendor chain.  All that is the aforementioned, is hoped to have a positive impact, on India’s economy. 
            To end, the Taco Bell Corp. is owned by Yum! Brands, Inc. (NYSE:  YUM).  Additionally, the aforementioned QSR business did release press statements.  Ankush Tuli is the Managing Director of Taco Bell APAC at the Taco Bell Corp.  Through a press statement, Mr. Tuli said the following.  “We see so much opportunity in India, as it is still a largely untapped market for Taco Bell and offers huge potential for the brand.  We’ve partnered with Burman Hospitality for the past four years growing our presence in India, and the Master Franchise partnership marks a significant step in our journey.  We are excited to bring together BHPL’s industry knowledge and our expertise with product innovation and research to continue bringing Taco Bell to consumers across India.”  Liz Williams is the President of the Taco Bell Corp.  Through a press statement, Ms./Mrs. Williams said the following.  “The incredible response we’ve seen in India, Southeast Asia and Australia proves to us that these markets are ripe for continued growth.  The combination of consumer enthusiasm, a healthy business model and fantastic franchise partners makes now, more than ever, the right time for Taco Bell to expand around the world.”  As previously stated, the Taco Bell Corp. recently unveiled just how, it is going to arrive at its prediction.  Specifically and technically speaking, the aforementioned QSR business, will do it through an international expansion.  Lastly, the international expansion is highlighted by the plan to build 600 Taco Bell restaurants, in the Country of India. 

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Written from Press Release
Registered Writer at
PR Newswire Association, LLC
R-Berumen28
05/29/2019

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