Jubilant Foodworks, a major operator in the food services industry, released its short- to medium-term outlook on Thursday. In the upcoming 12 to 18 months, the business intends to open 250 Domino’s restaurants in India. Jubilant also has aspirations to grow the nation’s Popeyes franchise. Additionally, the corporation has 900 crore in CAPEX scheduled for the time frame. The company’s mid-term goal is to open 3,000 Domino’s locations.
Jubilant Foodworks revealed a network expansion plan for the short- to medium-term in its regulatory filing. According to the corporation, the medium-term plan calls for 3,000 Domino’s locations, 250 of which will be in India within the next 12 to 18 months.
The business also disclosed that 40–50 shops for Popeyes India would operate during the following 12–18 months.
This news is written by Ms. Amrita Singh, Research Assistant, All India Legal Forum.