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Rising India, Inc. Announces Dynamic Shift in Corporate Initiatives Toward Long-Term Growth, Shareholder Value
Rising India, Inc. (OTC: RSII) is pleased to announce that its Board of Directors has voted in favor of a number of initiatives toward building cumulative shareholder value and long-term growth for Rising India.
First and foremost, the Board has agreed to enter the $600+ billion dollars strong and growing QSR (Quick Service Restaurant) Industry, a significant shift in business models toward near-term opportunities for revenue producing asset acquisitions. As food industry experts, Technomic, reported at their Restaurants 2013 Trends & Directions conference, the fast-casual sector is still outshining the rest of the business in sales growth.
The National Restaurant Association found that driven by a stronger economy and historically high levels of pent-up demand among consumers, restaurant-industry sales are expected to hit a record high of $683.4 billion in 2014. This will represent the fifth consecutive year of real growth in restaurant sales.
The company will be launching its new website to reflect the new business model. The website will be geared toward accessibility and transparency for shareholders.
RSII will also begin working immediately to identify strategic partnerships, target acquisitions and seasoned additions to its executive team alongside a goal to drastically increase the Company`s market cap over the next 12 months. Additionally, based on current opportunities, shareholders can expect asset acquisitions by end of year.
“We are thrilled with the opportunities ahead,” states CEO James DiPrima. “I am confident shareholders will be very pleased with our announcements forthcoming as we work diligently to secure a footing in an industry where consumers are spending roughly $1.7b per day.”
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About the Company:
Rising India, Inc., (RSII), is a publicly traded United States company whose focus is to acquire established businesses.
Rising India, Inc. (OTC: RSII) has recently entered the robust $600+ billion QSR (Quick Service Restaurant) Industry, the fastest growing segment in the Restaurant industry.
The Company plans to acquire revenue producing retail operations and launch proprietary franchise concepts as subsidiaries toward near-term shareholder value and long-term company growth.
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