Momo Giant Wow! Momo Signs MoU With Bengal Government
Momo Giant Wow! Momo Signs MoU
With Bengal Government
Coming as a big
boost in the food and beverages sector, the state government has signed two
MoUs with Momo giant Wow! Momo and Specialty Group of Restaurants at the Bengal
Global Business Summit, with the former planning to open a chain of Bengali
cuisine restaurant and the latter to set up a hospitality training academy in
Rajarhat by this year.
City-based Wow!
Momo, which started with a single store inside Spencers in 2008 and now boasts
of having 150 plus outlets across India, signed the MoU with the state
fisheries department where the government promised to provide them with best
quality raw materials at cheapest possible price.
“We are planning
to start a pan-India chain of Bengali cuisine restaurant. As per the deal, the
government has assured us complete support. We will get the best quality fish,
chicken and prawn directly from the fishermen without any middleman. The cost
of raw materials is expected to be 60% cheaper than the market rate,” Shared
Sagar Daryani, CEO and co-founder of Wow! Momo.
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