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Jubilant FoodWorks enters Bangladesh market through JV with local partner

For Jubilant, this is the second overseas market in the neighbouring country after Sri Lanka

Press Trust of India  |  Kolkata 

Jubilant  Foods runs the chain of Domino's Pizza stores in India.

Limited (JFL) which owns Domino's Pizza chain in India, Friday said it entered through a joint venture with a local partner.

A joint venture company Jubilant Golden Harvest Limited is formed between and Limited, a part of based Golden Harvest Group, to set up stores in

For Jubilant, this is the second overseas market in the neighbouring country after Sri Lanka. Jubilant & its subsidiary have the exclusive rights to develop and operate Domino's Pizza brand in India, Sri Lanka, Bangladesh and Nepal.

"Bangladesh is a key for us with immense potential for growth in the food service sector. We are delighted to launch Domino's Pizza in the country in partnership with Golden Harvest and are confident that this will go on to win consumer acceptance and become a successful business in Bangladesh," chairman Shyam S Bhartia said in a statement.

The company did not elaborate financial details of the JV arrangement.

Part of the Jubilant Bhartia group as on December 2018, the operates a network of 1,200 Domino's Pizza restaurants across 271 cities.

First Published: Fri, March 15 2019. 21:10 IST
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