There are plans to open Tim Hortons in Punjab.
Delhiites will be able to indulge in one of Canada’s most popular coffee and doughnuts, as the Canadian fast-food chain, Tim Hortons, is set to enter the Indian market.
Tim Hortons Inc., which is the largest quick-service restaurant (QSR) chain in Canada, is set to enter the Indian market in late 2022.
The chain will begin with one store in Delhi and expand to 250 stores in five years and 300 stores in the next decade.
The parent company for Tim Hortons made the announcement on March 15, 2022, adding that in India, they see “one of the world’s fastest-growing markets for coffee and tea retail chains.”
The QSR chain will enter into an exclusive master franchise agreement with AG Café, a joint venture between Apparel Group and Gateway Partners.
In India, the brand will compete against other big international QSRs such as Starbucks and Dunkin Donuts, both of which have a strong foothold in the Indian market.
The first Tim Hortons store is set to open around June-July in Delhi, and slowly, more stores will pop up across the city and the country.
However, even though India has a growing demand for coffee retail chains, this is the fourth country in Asia that the brand is entering in, as Canada is looking to strengthen business relations with the country.
After Delhi, there are plans to open Tim Hortons in Punjab.
David Shear, president of RBI said: “India is known for taking its beverages and food very seriously.
“The delicious premium quality coffee and fresh food that guests around the world have grown to crave from Tim Hortons will be coming to India, marking this launch as a critical step in our international expansion plans.”
David added: “This launch in India is another critical step in our continuing international expansion plans.”
Tim Hortons is amid an international expansion strategy.
Chief executive Jose Cil said: “We have a very ambitious long-term target for growth in China and view that as a great path to build Tim’s international business throughout the region in Asia and also in other markets around the globe.”
India will mark the 14th country that Tim Hortons will operate in.
The chain currently has 5,100 locations in 13 countries including the US, Mexico, Spain, the UK, China, Thailand, the Philippines and across the Middle East.