Malgudi targets 102 global restaurants in five years as Eatopia expands

South Indian restaurant chain Malgudi, backed by singer Shankar Mahadevan, plans to grow from nine outlets to at least 13 by year-end, more than 25 next year and 102-plus globally within five years. A Gurgaon opening is part of the near-term rollout.

— Source publishedMon, 14 Sept, 2026, 10:00 IST·First seen Mon, 14 Sept, 2026, 13:01 IST·Source ET Hospitality

What happened

South Indian restaurant chain Malgudi plans a Gurgaon opening and aims to grow from nine outlets to at least 13 this year, 25-plus next year and more than 102

Key facts

  • 9 current Malgudi outlets: 5 in India and 4 in UAE
  • At least 13 Malgudi restaurants by year-end
  • More than 25 global outlets next year
  • More than 102 outlets targeted within five years
  • Eatopia operates 26 restaurants across nine brands

What changed

South Indian restaurant chain Malgudi plans a Gurgaon opening and aims to grow from nine outlets to at least 13 this year, 25-plus next year and more than 102 within five years. Parent Eatopia is self-funded and expanding formats across India and global markets.

Why this matters

Malgudi’s planned jump from nine to 102-plus restaurants in five years signals a rapid rollout opportunity but raises execution demands around site selection, staffing, supply chains and consistent South Indian food quality.

What to watch

  • Whether Malgudi reaches at least 13 outlets by year-end and more than 25 in the following year.
  • Evidence of same-store sales growth, average unit volumes, store-level profitability and payback periods at newer locations.
  • Announcement of an operations chief, culinary training academy, commissary, supply-chain partnerships or centralized production capacity.
  • Any shift from self-funded growth toward external capital, franchising or international joint ventures.
  • First overseas market selection, particularly GCC markets, and whether openings are company-owned or partner-led.