India will be among top five markets in three years for Domino's Pizza

Domino's Pizza has said that within three years, its Indian operations would be among the top five global markets for the company

Quick service restaurant chain Domino's Pizza on Thursday said that within three years, its Indian operations would be among the top five global markets for the company, reports PTI.

"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 chief executive J Patrick Doyle told reporters in New Delhi.

Mr Doyle, global head of the chain, is on a visit to India. 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% of our annual global sales of $6 billion and we expect (a) substantial jump in it. Even during the economic recession, India was a growth story for us," Mr 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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