More US fast food giants line up for India launch.

India has long had a reputation as being unfriendly to foreign businesses, but when it comes to fast food, the story is different. In the past few months, Taco Bell, Krispy Kreme, Burger King and McDonald's have either announced plans to expand in India or have opened new outlets around the country. Krispy Kreme was the latest to open a new store with its first outlet in Delhi last month, adding to its five branches in Bangalore.

Burger King, the world's second-largest burger chain behind McDonald's, has joined with Everstone Group, an India-focused private equity and real estate firm, to bring the restaurant chain in India. The first branch is expected to open in the first half of 2014.

Meanwhile, McDonald's is expanding in India with the introduction of the McCafe, a coffeehouse-style chain.

In October, Hardcastle Restaurants, the licensee for McDonald's in South and West India, announced the opening of the first McCafe in Mumbai.

BS