India's economy is on fire. Some predict it will be the world's largest economy by 2050. So now's the time to look for long-term investment opportunities in this emerging market. It so happens, some delicious investment opportunities are unfolding as India begins to embrace an American favorite: fast food.
A larger middle class with more disposable income is partly responsible for the increasing interest in fast food. Sales at fast-food chains are growing at a rate of 28% in India. As a result, American fast-food companies that are hungry for growth are gathering around the table.
The India invasion
Management says the saturation level is still low in existing cities. Consequently, the company plans to open 70 new stores in existing cities in 2011. In addition, the company is looking at further expansion into the rapidly growing, but smaller, tier II and tier III cities.
Don't forget about Yum! Brands
And last but not least, there's McDonald's
The bottom line
American fast-food companies are in a global growth phase in emerging markets such as India. Investing in this trend is a recipe for super-sized returns for years to come.
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