Sunday 17 February 2013

Lite Bite Foods awarded F&B concessions at Mumbai Airport's Terminal 2

Saturday, February 16, 2013 08:00 IST 
Our Bureau, Mumbai

Lite Bite Foods has been awarded the food and beverage concessions at the new Terminal 2 at Mumbai's Chhatrapati Shivaji International Airport (CSIA). 

Lite Bite Foods has been awarded Package 1, comprising 21 outlets [including the International Security Hold Area (SHA) Food court and the domestic SHA departure non-food court outlets] and Package 3, comprising a total of nine pre-security and at arrivals outlets, taking the total number of Lite Bite Food outlets at Mumbai airport's new terminal to 30.
 
Once complete, the new Terminal 2 will cover 439,000 sq m, and will be able to accommodate 40 million passengers per year, catering to both domestic and international passengers. Lite Bite Foods promises to offer travellers from Mumbai's best-in-class services and a wide range of cuisines by bringing in their popular brands, Punjab Grill, Zambar, Asia Seven, Fresc Co, Baker Street, Pino’s, Street Foods of India and Pollo Campero.

Amit Burman, chairman, Lite Bite Foods, was ecstatic about this news and said, “That this will make LBF one of the biggest players in F&B travel retail and is proud to share that this concession will double the size of our company both in sales turnover and the organisation size.”

Rohit Aggarwal, executive director, Lite Bite Foods, added, "All of us at LBF are very excited on winning this concession. MIAL has created a world-class terminal, and we intend to do our part to live upto their vision & expectation by offering the highest culinary standards and an enhanced customer experience.”

Sharad Sachdeva, chief operating officer, who heads business for LBF is a travel retail expert and will bring much of his rich experience into this project. He said that after securing these key concessions at Mumbai Airport, his vision for an IPO in the next three years seems clearer.
 
Within a short span of five years, Lite Bite Foods has established itself as one of the leading players in the organised F&B retail space. LBF currently operates over 60 outlets across India and overseas. They plan to add another 100 outlets in the next three years. The diversified group operates under its existing three verticals – quick service, casual dining and fine dining restaurant concepts.


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