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Little Caesars, a Detroit, Michigan-based world's third largest pizza chain, is entering the Indian market. India -- one of the fastest growing quick service restaurant markets -- will be the 30th market for Little Caesars, which is also the world's largest family-owned pizza chain, for which it has roped in Harnessing Harvest as its franchise partner. It has planned to open its first outlet in Delhi-NCR in this month, with plans for additional locations to follow, according to a statement from the company. "Launching in India marks an exciting milestone for Little Caesars as we expand into our 30th country. With our delicious pizzas and unbeatable value, we're eagerly anticipating introducing a unique menu that we believe will captivate India," said Paula Vissing, President, Global Retail, Little Caesars Pizza. Its entry into India market reflects the brand's commitment to global growth, bringing its signature menu and exceptional value to a new market, it said. Recently, Little
Jubilant FoodWorks Ltd on Monday said it estimates a 56.2 per cent growth in consolidated revenue from operations at Rs 2,153.2 crore in the third quarter of the ongoing fiscal, compared to the year-ago period. In its quarterly update, the company, which operates popular fast food chains such as Domino's, Popeyes and Dunkin, said the provisional standalone revenue from operations in the third quarter was at Rs 1,611.1 crore, higher by 18.9 per cent year-on-year. On a like-for-like (LFL) basis, Domino's India growth was at 12.5 per cent and the same for Turkey was down 3.2 per cent, Jubilant FoodWorks Ltd (JFL) said in a regulatory filing. As of October-December quarter end, the JFL Group network reached 3,260 stores, with a net addition of 130 stores during the quarter, it said. Domino's India opened 60 net new stores, ending the quarter with 2,139 stores, while Domino's Turkey opened 25 net new stores, ending the quarter with 738 stores, it added.