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Domino’s Pizza to expand, set up 20 outlets by Dec ‘08

Domino’s Pizza to expand, set up 20 outlets by Dec ‘08
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First Published: Sun, Nov 16 2008. 11 46 AM IST
Updated: Sun, Nov 16 2008. 11 46 AM IST
By PTI
Mumbai: Restaurant chain, Domino’s Pizza, plans to set up 20 outlets in two-three cities over the next two months, a top company official said.
“We plan to set up around 20 outlets in two-three cities, of which 15-18 will be set up in existing centres and the remaining in new destinations such as Cochin and Allahabad,” Domino’s Pizza India’s CEO, Ajay Kaul, told PTI here.
By this year-end, the company intends to have around 250 outlets in 50 cities.
“Currently, we have 220 outlets across the country which we intend to increase to 250 by March 2009,” Kaul said.
This year, the company would be investing around Rs50-crore for setting up its outlets and around Rs20-crore for setting up factories.
“The operation at the Delhi factory will start by the end of this year in which we have invested around Rs10-15 crore. Around Rs 10-15 crore have been set aside for a state-of-the-art manufacturing unit in South India where operations would start by February. A factory would also be set up in Mumbai by August next year at an investment of Rs10-crore,” Kaul said.
The company has announced an investment of Rs220-230 crore in India over the next three years for expanding its retail fast-food chain and manufacturing capacities.
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First Published: Sun, Nov 16 2008. 11 46 AM IST