Yoshinoya Holdings Co., Japan's major fast-food restaurant operator popularly known for its beef bowls, is advancing into the Indian market by establishing a wholly-owned subsidiary.Yoshinoya recently set up Yoshinoya India Pvt. Ltd. in Gurugram in the northern state of Haryana, documents filed with India's Ministry of Corporate Affairs show."It is difficult to explore store opening without setting up an entity," a Yoshinoya spokeswoman told NNA.Capitalized at 150 million rupees ($2.3 million), the Yoshinoya group's Indian subsidiary is aimed at owning and running a chain of restaurants and…READ FULL ARTICLE
