Speciality Restaurants to invest Rs 150 cr

Speciality Restaurants Private Ltd, which runs restaurant chains like Mainland China, Sigree, Oh! Calcutta, Machan and Flame and Grill, is planning to invest around Rs 150 crore to expand its flagship brand Mainland China to over 100 outlets in the next two years from the present 32. The group is also planning to set up its second Institute of Oriental Catering and Hotel Management at Sriperumbudur near Chennai with an investment of around Rs 25 crore. It is planning acquire a restaurant in South India, which would cost around Rs 100 crore. Contact: Speciality Restaurants Private Ltd.Tel: 022-2673 3123. Fax: 022-2673 3074. E-mail: con tacts@speciality.co.in Website: www.speciality.co.in