Papa John's to Open 500 Stores in India
U.S. Pizza Maker Papa John's to Open 500 Pizza Outlets in India
Setting its sights on India's burgeoning middle class, Papa John's International Inc. plans to open 500 pizza outlets across India over the next 10 years, a company official said.
The Louisville, Kentucky-based pizza maker plans to expand its operations internationally and has identified six high potential markets -- Mexico, Britain, South Korea, China, India and Russia, said Nigel Travis, the company's chief executive.
Papa John's has named Om Pizza and Eats India, an Indian fast food company, as its franchisee, with plans to initially open 100 pizza outlets in northern India to cater to the country's increasing appetite for pizza, estimated to grow at 20 percent annually.
Two outlets have already opened in the New Delhi suburb of Noida.
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Source - AP
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