Friday, December 15, 2006

Autogrill ventures into India

Milan: Italian motorway catering chain Autogrill has won a contract to manage restaurants at Bangalore's international airport, its first venture in India with projected revenues of $56 million over seven years.
Autogrill said in a statement on Thursday the deal was part of its expansion in Asia, where it already runs food outlets at Kuala Lumpur airport.
So far, Autogrill has operated mainly in Europe and the United States. The contract for Bangalore, India's fast-growing technology hub, will be valid from April 2008.
14/12/06 Reuters
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