Business Daily from THE HINDU group of publications
Friday, May 9, 2008 ePaper | Mobile/PDA Version
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Business Daily from THE HINDU group of publications Friday, May 9, 2008 ePaper | Mobile/PDA Version |
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Update at 1500 hrs (IST)
Corporate Pizza chain Papa John's to open 100 outlets VADODARA: The world's third largest pizza chain, Papa John's would open 100 outlets in different parts of the country with an investment of Rs 250 crore. Talking to the newspersons on the sidelines of the inaugural of its first outlet in the city here on Friday, Mr Suden Singh, Business Head of JIP Fashion and Restaurant India Pvt Ltd, a franchisee of Papa John's in India, said that it is their first outl et in the city while two outlets would be opened in Ahmedabad in next couple of months. They are also planning to open outlets in Surat and Rajkot later, he added. The Rs 300-crore Indian Pizza market is growing rapidly due to change in the eating habits of people and is likely to touch Rs 1,000 crore in next four years, said Mr Singh. Viewing this response, the company has plans to venture out in various states of the country including Maharashtra, Goa, Madhya Pradesh, Delhi, Kerala, Tamil Nadu, West Bengal and Rajasthan, he said. Papa John's came to India in 2006 and now has 10 outlets in the country Mr Singh said. - PTI
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