Frozen yogurt retail chain Cocoberry plans to open 25 outlets in Delhi/NCR and Mumbai in the first quarter of financial year 2012-13. The chain plans to open 130 new stores by end of this year. The existing outlets will also undergo a renovation. Cocoberry currently has 43 outlets across nine cities in India.
Commenting on the expansion plans, G.S. Bhalla, Founder and CEO, Cocoberry, said: “I am very confident about the Indian market. Due to growing demand from customers, we have laid out a concrete plan which will expand Cocoberry’s footprint across India to 30-plus cities in the next 24 months. With the market for probiotics and functional foods growing in India, Cocoberry’s authentic natural non-fat probiotic yogurt is well poised to further capture the minds and hearts of Indian’s across the country”.
Started in February 2009 Cocoberry has over 43 outlets across Delhi, Mumbai, Gurgaon, Jaipur, Nagpur, Goa, Chandigarh, Ahmedabad, and Jaipur.