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Domino's India franchisee plans for rapid expansion

August 2, 2010

The Indian franchisee of Domino's Pizza is poised for rapid growth: Jubilant FoodWorks Ltd. spokespeople claimed they planned to add 70 stores by March in India, Bloomberg reported.

The announcement comes almost a half-year after Domino’s CEO J. Patrick Doyle said the Asian country would be one of the company’s biggest growth markets in the near future.

From the story:

Urban Indians are eating out about six times a month, compared with 2.7 times a month in 2003, according to the Federation of Indian Chambers of Commerce and Industries’ Food Franchising Report 2009. Incomes in India may rise 10-fold by 2025, according to a study by McKinsey & Co.