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| India will be among top 5 mkts in 3 years for Domino's Pizza |
| Press Trust of India / New Delhi Mar 11, 2010, 12:59 IST |
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Quick service restaurant chain Domino's Pizza today said that within three years, its Indian operations would be among the top five global markets of the company.
As part of the strategy, the company plans to have 500 outlets in three years and venture into new cities.
"India currently is one of the fastest growing markets for us and ranks among the top ten in our global list. Within the next three years, India will be among our top five markets," Domino's Pizza President and CEO J Patrick Doyle told reporters here.
Doyle, global head of the chain, is on a visit to India and today he inaugurated the 300th outlet of the company in the country. The outlet in Delhi is also the 9,000th Domino's Pizza store globally.
"India currently contributes to around 1.5 to 2 per cent of our annual global sales of $6 billion and we expect substantial jump in it. Even during the economic recession India was a growth story for us," Doyle said.
With 65 new outlets this fiscal, he said, the company registered its biggest expansion in India among all its operations.
In India, the Domino's brand is operated by Bhartia Group-promoted Jubilant Foodworks under a master franchise agreement.
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