Spencer’s Retail, part of the RPG group, has announced that it has tied up with US-based bakery and café chain ‘Au Bon Pain’, to set up the latter’s outlets in India.
According to the agreement, Spencer’s Retail will be the franchise for the café chain in India and will spend around Rs 500 million in the coming two years to set up around 100 standalone outlets in India. The outlets will come up in big cities and small towns of India, Sanjiv Goenka, vice-chairman of RPG Enterprises, said.
Au Bon Pain, a dining and bakery chain, has over 200 outlets in countries including United States, South Korea, Taiwan and Thailand.
