Domino's customers in India could see the price of their pizza rise by up to 3 percent by next month. According to the India Times, Domino's franchisee in the market, Jubilant FoodWorks, is expecting prices to increase 2 to 3 percent in November.

CEO Ajay Kaul said the move is necessary to navigate inflation.

Domino's India is currently upgrading its dine-in stores and entering new cities to better compete with Pizza Hut.

Kaul said the company is also planning to launch a new pizza variety ahead of the holiday season.

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