Feastary buys franchise rights for TGI Fridays in north India

Feastary Hospitality has acquired the master franchise rights for TGI Fridays in North India, aiming to revive the US chain that closed its 20 stores in India two years ago. With an investment of Rs 50 crore, Feastary plans to reopen the first outlet in Delhi-NCR next quarter and revive 15 outlets across nine states.