wagamama and Charcoal Concepts announce joint venture to accelerate expansion in India

Andy Hornby, TRG CEO, said: “We’re delighted to officially announce the joint venture with our partners K Hospitality, after months of hard work and collaboration between our two companies. “India is an important target market for us as we grow internationally and gives us more opportunity to introduce more guests to our world-famous flavours, vibrant atmosphere and distinctive dining experience that makes us so special.”

Francisco Neves, SVP, Franchise & Partnerships, wagamama, said: “This is a really important milestone for us, and we’re delighted to be further cementing our partnership with Charcoal Concepts. “Our first restaurants have exceeded our performance expectations, and I'm really excited to see more wagamamas open up across the country.”

Karan Kapur, Executive Director, K Hospitality, said:
"The response to wagamama since its India debut has far exceeded all our expectations, reaffirming the growing appetite for great global concepts with strong local relevance. We are excited to partner with The Restaurant Group to expand wagamama's presence and build the brand into a market leader in Asian cuisine in the country."

Rohan Sable, CEO, Charcoal Concepts, said:
"This joint venture marks the beginning of a long-term growth journey for Wagamama in India. We see an incredible opportunity to build one of the country's most loved and admired casual dining brands by combining wagamama's globally recognised proposition with Charcoal Concepts deep understanding of the Indian consumer and our expertise in scaling restaurant brands.