Monginis is an Indian multinational pastry and bakery chain based in Mumbai with outlets in different cities in India and Egypt. Early in the 20th century, two Italian brothers ran a catering service in Mumbai's Fort precinct, which was popular with the city's European residents. In 1958, Monginis catering was taken over by the Khorakiwala family, and became Monginis Foods Private Limited. In 1971, the company adopted the franchise model of business, with a stated emphasis on localized production for local tastes. It also models itself on the "food boutique" concept, focusing on quality, presentation and service. It has thereby expanded its brand and reach across the country with a total worth of about 950 million rupees by 2012. More information...
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