Variety

Travel Food Service eyes Rlys to fast-track expansion

Bindu D Menon Mumbai | Updated on January 23, 2018 Published on May 19, 2015

in-flight

Looking also at e-catering and opportunities abroad

After establishing business and food lounges across various airports in the country, Travel Food Service, a food and beverage retailer, said it is looking to scale its presence by tying with railways.

The company said it has started operation in Muscat and Oman airport as a part of its international expansion, besides looking at opportunities in e-catering and sports events such as Indian Premier League.

“The government is looking at improvising the existing railway station. As a part of modernisation, food plazas at railway station will also get a facelift. We are also looking to be part of the initiatives,” Gaurav Dewan, COO, TFS, told BusinessLine.

TFS operates food plazas at Delhi, Mumbai, Kolkata and Chennai airports. It also runs business lounges in various airports. Dewan said increased number of travellers opened up avenues in the F&B segment.

“About a year back also only about 15 per cent of all travellers ate at the airport, now almost 31 per cent is eating at the airport. We see this market growing rapidly,” he added. TFS said it is also looking at opportunities in upcoming airports in cities such as Ahmedabad, Chandigarh, Goa and Ludhiana.

Dewan said the company runs a central kitchen at most airports to ensure that the food is fresh. TFS runs about 160 restaurants across four airports. It has about 18-20 international brands besides its own brands.

Dewan did not divulge the investments it would make for its expansion. “We bid for the concessniares. We tie up with various brands and set up small outlets in the space. Each kiosk may entail an investment of ₹20-25 lakh,” he added.

Published on May 19, 2015
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