Billionaire Mukesh Ambani is bringing Pret A Manger stores to India

A unit of Mukesh Ambani’s conglomerate Reliance Industries said on Thursday that it has entered into a “long-term master franchise partnership” with Pret A Manger and will “launch and build the brand in India.”Darshan Mehta, the managing director of Reliance Brands, said in a statement that the partnership was rooted in the “strong growth potential” of the Pret brand and India’s food and beverage industry. With its population of 1.3 billion and rapid growth, India is a key market for international food brands, including coffee shops. In 2012, Starbucks (SBUX) opened its first store in the country, by partnering with a unit of India’s largest conglomerate Tata Group.Mehta said

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