Chili’s American Grill & Bar, which serves Tex-Mex food, will open an outlet in Chennai in May ’16. TexMex Cuisine India Pvt Ltd, backed by private equity firm TVS Capital Ltd, is the franchisee for Chili’s American Grill & Bar in the southern and western regions. It has also plans to open four more outlets this year. Approximate cost to set up an outlet is around Rs.4.5 crore.
Extracted from HBL, Apr 26,’16