Wadhawan group plans big investments

Real estate and retail player, Wadhawan Group is now betting big on food and beverages and lifestyle segments and planning to invest around Rs 3,500 crore in launching new restaurants format and luxury retail expansion plans.
The group has recently entered into a tie-up with Dubai-based Jumeirah Group in order to bring in South East Asian cuisine restaurants for the first time in India, branded as ‘Noodle House’.
Dish Hospitality Private Ltd, an enterprise of Wadhawan Holdings Private Ltd, promoted by the Wadhawan Group, is planning to set up 35 Noodle House restaurants in India at an investment of Rs 1,500 crore in the next four years.
The cuisine at this restaurant will comprise Chinese, Japanese and Thai, among others. The dining for two at this restaurant will cost around Rs 1,000 to Rs 1,500. Plans are on the anvil to launch Noodle House restaurants as a stand alone format as well as within malls.
Further, Dish Hospitality is planning to foray into the international markets such as Europe and UAE in order to set up luxury dine-in restaurant called ‘Aurus’. They hope to garner a huge return in investments apart from more customers.The company has set up a luxury ‘Aurus’ dine-in restaurant in Juhu, Mumbai where a dine-in for two costs over Rs 6,000.
Wadhawan Lifestyle Ltd is planning to set up four US-branded ‘Christian Audigier’ lifestyle apparel and accessories outlets each in Delhi, Bangalore, Hyderabad and Chandigarh. They are also looking at setting up two US branded ‘Ed Hardy’ lifestyle apparel stores in India. Each store will have an area size of 2,200 sq ft.
Apart from this, Wadhawan Food Retail is planning to set up 1,500 branded retail stores, at an investment of Rs 1,500 crore, in the next two years.