Domino’s crosses milestone of 2,000 outlets in India
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India’s leading quick-service restaurant (QSR) chain, Domino’s has achieved the milestone of 2,000 outlets in India, with the opening of its 2000th store in the country.
"It's the first time that a country outside of the US has reached over 2,000 stores," Domino's EVP, International Art D'Elia told PTI.
India is now the second biggest market for Domino's after the US in terms of number of operational stores and among top five globally in terms of revenue, he added.
In India, Domino's stores are operated by Jubilant FoodWorks Ltd (JFL), which has a master franchisee for the brand here. Besides India, JFL also has license for the brand in five other markets- Turkey, Bangladesh, Sri Lanka, Azarbaijan and Georgia.
JFL will add around 180-200 stores this fiscal and has lined up a capex of Rs 250 crore for FY25, a majority of which will be spent on expansion of the pizza business, said its CEO and MD Sameer Khetarpal.
Asked about the number of stores, Khetarpal said, "We are going to reach 4,000 stores in the next 5 to 6 years."