Domino’s Pizza opens 300th store in India

Mar 11, 2010

Jubilant FoodWorks, which holds the master franchisee rights for Domino’s Pizza in India, Nepal, Sri Lanka and Bangladesh, has announced the opening of its 300th store of Domino`s Pizza in Delhi, which coincides with the 50th anniversary celebrations of Domino`s Worldwide. This store also happens to be Domino`s Pizza International`s 9,000th store worldwide.

Patrick Doyle, chief executive officer (CEO), Domino`s Pizza, said, “For half a century, Domino`s Pizza has been able to grow and thrive thanks to the dedication and efforts of franchisees and team members the world over, as demonstrated by our teams in India and Louisiana. These are two of the largest and best franchisee organizations in our system, and its appropriate that they are sharing in this distinction.”

“It is a historical moment for us today as we open the 300th store of Dominos in India. It has been an exciting journey for us in India as we have set new standards in QSR industry and have built Domino`s in India as the leading Pizza brand. The success of our recent IPO will enable us to accelerate the journey of Dominos in India as we see a large opportunity to grow further,” said Shyam S Bhartia, chairman and Hari S Bhartia, co-chairman, Jubilant FoodWorks.

Ajay Kaul, chief executive officer (CEO), Jubilant FoodWorks, said, “Domino`s India is delighted that the 9000th store happens to be in India and we are honored that Patrick Doyle has chosen India as his first overseas market visit.”

“Domino`s India operations are the fastest growing operations in the Domino`s global system growing at a compounded annual growth rate (CAGR) of almost 42 per cent for the last 5 years. We have also achieved market leadership in the organized pizza home delivery market in India and achieved a market share of 65 per cent. We have aggressive growth plans for future, to further build on this strong position,” added Kaul.