CG Corp, Nepal's only billion dollar company and the company behind popular instant noodles brand 'Wai Wai' has set its sights on India. The company has announced plans to launch noodle restaurants across the country and is also looking at expanding the footprint of its instant noodle. CNBC-TV18's Kevin Lee caught up with Varun Chaudhary, Executive Director of the company to find more about the company's expansion plans.

Key points of the interaction:

- Have 30 restaurants operational in India.

- Plan to have 500 stores in India in next 2 years.

- Plan to invest Rs 250 crore for India expansion.

- Will open our 10th manufacturing unit shortly in India.

- Looking to expand to the South Indian market.

- Wai Wai's market share in India is 27%.

- Wai Wai's annual sales stand at Rs 600 crore.

First Published:Apr 18, 2018 8:47 AM IST