Curry House: “CoCo Ichibanya” enters New Delhi-ICHIBANYA INDIA PRIVATE LIMITED
Curry House: “CoCo Ichibanya”
We will open a store with Mitsui & Co., Ltd. in New Delhi, India.
1. Establish a new company
We have 1,440 stores (as of the end of June 2019) of Curry House CoCo Ichibanya in Japan and overseas.
In India, expand sales in directly managed and franchised stores.
Established “ICHIBANYA INDIA PRIVATE LIMITED” as a joint venture with Mitsui & Co. Asia & Oceania.
Using Mitsui’s network and our curry restaurant know-how, we aim to develop stores in India, the world’s largest consumer of curry.
2. Joint Venture Overview
(1) Name Name ICHIBANYA INDIA PRIVATE LIMITED
(2) Location DSC-239, 1st Floor, Plot No. A-1, DLF South Court, Saket, New Delhi-110017
(3) Representative Prasenjit Adhikari (Mitsui & Co., Ltd.) scheduled
(4) Project Description Curry House CoCo Ichibanya’s direct management and franchise management
(5) Capital amount: 187,500,000 rupees (approximately 300 million yen)
(6) Date of establishment June 28, 2019
(7) Investment ratio Asia & Oceania Mitsui & Co., Ltd. 60% CoCo 40%