The Rising Influence of Rising Affluence

[DewDiligence]

The mishaps of YUM in China have left me wondering if restaurants are an intelligent way to capitalize on The Global Demographic Tailwind. Today’s NYT has a piece on the growth of multinational restaurant chains in India:

http://india.blogs.nytimes.com/2014/01/08/a-growing-taste-for-u-s-fast-food-in-india

India has long had a reputation as being unfriendly to foreign businesses, but when it comes to fast food, international chains are being warmly welcomed by a young, upwardly mobile population.

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.

I don’t currently own any restaurant companies.