Italian food marketer looks to seduce Indian palates

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NEWDELHI -- Italian food marketer Carexcoisin negotiations to open its Albagro chain of restaurants in India.

The $93 million Carexco is keen to enter India through franchise arrangements with local marketers to introduce traditional Italian fare in a market whose favourite foreign food is Chinese.

A country with varied cuisine marked by a preference for oily foods,India has attracted restaurant chains like Domino's Pizza, KFC, Pizza Hut, Wimpy, McDonald's and TGI Friday's ever since the domestic economy was thrown open to foreign investment.

Copyright September 1996, Crain Communications Inc.

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