Hyderabad: With Makers of Milkshakes' first foreign store set to open in the US by October-end, the company is advanced talks to foray into 4 other countries by September 2019, according to its founder and CEO Rahul Tirumalapragada.
“Our first foreign store is likely to come up in California by October-end. This will be in a franchisee model. We are also in advanced talks to into four other countries UAE, Italy, Australia and Singapore. We hope these talks will come to conclusion by September next year,” he said.
When asked about the company’s plan in India, Mr Tirumalapragada said, “Currently, we have 75 stores. We expect it to increase it to 200 by next year. For our expansion in North India, it is likely we will have a master franchisee for easier expansion.”
