Jubilant FoodWorksLtd is a
Indian company based in Noida which runs the Domino's
Pizza chain in India. The
company is a part of the Jubilant Bhartia Group and owns the exclusive franchisee rights for Domino's Pizza in India, Nepal,Bangladesh and Sri
Lanka. It
was incorporated in March 16, 1995 as ‘Domino's Pizza India Private Limited’
and subsequently changed it name to Jubilant FoodWorks Limited in 2009.The
company runs 378 Domino's Pizza outlets in 90 cities of India and expects to
open 80 more in 2010-11. It currently operates no outlets in Sri Lanka,
Bangladesh and Nepal. However it is planning to open 5 Domino's Pizza outlets
in Sri Lanka by the end of 2010-11.
SIZE OF THE MARKET
Domino's Pizza is one of the biggest and
fastest growing international food joints in South Asia. The very first
Domino's Pizza outlet in India opened in Jan, 1996 at New Delhi. Today,
Domino's Pizza India has become a wide network of Pizza delivery and food
chain. There are close to 220 outlets in 42 cities of India and the brand is
the top most among the food delivery business. Domino’s Pizza outlets can be
seen at major locations of Delhi and NCR. Their home delivery is free with a
guarantee of “Thirty Minutes Nahi to Free”. Although they are expert in
delivering Pizzas on time, their eating joints and outlets are also good. We
plan to have a total of 500 stores in 75-80 cities by 2010 to 2011. It would
entail an investment of Rs 200 million during the period.
MARKET GROWTH
During last four months, dominoes have
opened outlets in Jammu, Panipat, Surat, Baroda, Nashik, Trivandum, Meerut and
Patiala. While earlier, 70 percent of our business used to be in metros and
mini-metros, now the ratio is 50:50 between big cities and smaller Tier II and
III cities. Domino’s Pizza is expanding its base in India by opening 500
outlets to add to its current tally of 156 outlets, across 50 cities in India
by 2011 with an investment of Rs.1, 000 crore.