Key Takeaways
- • Samuthra Group, an Indian diversified conglomerate, has acquired a 50% stake in Singapore-based Nandhana's restaurant group, marking its strategic entry into the international food and hospitality sector.
- • The group plans to acquire the remaining 50% in phases, with the transaction expected to be completed before April 2027.
- • The expansion is expected to create around 2,000 jobs globally, including 1,250 confirmed placements, and about S$10 million a year spent in India on sourcing, food processing and culinary training.
- • Nandhana's will expand overseas via a master franchise model, with a first phase from January 2027 covering Malaysia, Indonesia, Thailand and Middle East markets, and US and UK entry planned for 2028-29.
Summary
The group has interests in industrial parks, mining, infrastructure, construction, power, renewable energy, trading and entertainment, operating through 35 companies across 11 countries, including India, Singapore, the UAE, Malaysia and Sri Lanka. Its businesses include Samuthra Cement. Founder and Chairman Subash Sukumar said Nandhana's offers a valuable platform for expansion across Asia, the Middle East, the US and the UK, given its strong presence in Singapore.
Samuthra plans to acquire the remaining 50% stake in phases, with completion expected before April 2027. Going forward, the group intends to expand Nandhana's overseas through a master franchise model, partnering with local operators. The first phase, starting January 2027, will cover Malaysia, Indonesia, Thailand, and the UAE, Saudi Arabia, Kuwait, Qatar and Oman. The US and UK are slated for a second phase during 2028-29.
The company said the expansion is expected to create around 2,000 jobs globally, including 1,250 confirmed placements, and that it expects to spend about S$10 million a year in India on sourcing ingredients, food processing, culinary training and related investments.
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