Time Out Market, a global food and cultural market operator, has signed its first international franchise deal in Delhi. The company, known for its vibrant and eclectic food and drink offerings, has partnered with a local Indian developer to bring its unique concept to the Indian market. This marks a significant expansion of Time Out Market's global footprint, which currently spans multiple locations in the UK and Europe.
The Delhi franchise is expected to bring a new selection of food and cultural experiences to the city, offering locals and tourists alike a unique opportunity to explore the city's diverse culinary scene. Time Out Market's signature format, which combines a mix of restaurants, bars, and cultural attractions, is expected to be a major draw for visitors to the city.
The deal is a significant win for Delhi, which has been actively seeking new and innovative concepts to attract visitors and drive economic growth. With its reputation for vibrant and eclectic food and drink offerings, Time Out Market is expected to be a major player in Delhi's cultural scene.
Tim Ryan, CEO of Time Out Market, commented on the deal, saying 'We are thrilled to be bringing our unique concept to Delhi. This deal is a significant milestone for our company and we look forward to working with our new partners to bring an exciting new experience to the city.'
The Delhi franchise is expected to open in late 2024, with further details on the exact location and opening date to be announced in the coming months.