Company spends Rs100m to set up facility
New Delhi Jubilant Foodworks Ltd., the Indian distributor of Domino's Pizza Inc., plans as many as 100 Dunkin' Donuts stores in India over five years as fast-food sales grow.
The company will spend as much as Rs130 million (Dh9.02 million) to open up to 10 stores in Delhi and its suburbs this financial year, Chief Executive Officer Ajay Kaul said at a conference in New Delhi. Jubilant Foodworks opened India's second Dunkin' Donuts store yesterday.
Jubilant Foodworks signed a franchise agreement with Dunkin' Brands Group Inc. in February 2011. The Indian company invested about Rs100 million to set up a manufacturing facility, a research centre and an office for the brand last year, Kaul said.
The company is in discussions with other international food retailers.