Jubilant Foodworks, the master franchise operator for Domino’s in India, is planning to double the number of Domino’s stores in the country over the medium term, despite recent sluggish demand in the quick service restaurant (QSR) sector.
The company has shown resilience with positive like-for-like growth in the fourth quarter (Q4) of 2024, attributing this success to a sharper focus on value proposition, including other measures such as free delivery.
Go deeper with GlobalData
Up to 2029, Jubilant aims to increase the number of Domino’s outlets to 4,000 by opening around 200 stores each year, The Hindu Businessline has reported.
The expansion effort is part of a broader strategy that also includes ramping up investments in back-end commissaries to support both dine-in and delivery segments.
The latest announcement coincides with the inauguration of the 2,000th Domino’s outlet in Gurugram, Haryana.
India is the first market outside the US with such a large number of Domino’s outlets.
The Hindu Businessline quoted Jubilant FoodWorks CEO and managing director Sameer Khetarpal: “We plan to add about 180 stores in the financial year 2025. In terms of the future outlook, we will be looking to […] increase the pace in the coming years as we see a pick-up in like-for-like growth.”
Domino’s India has stores in 421 cities and is working to enhance its delivery services, with almost two-thirds of orders now reaching customers in under 20 minutes.
Commenting on the company’s investment outlook, Khetarpal said: “We will be investing Rs2.5bn per annum. We will continue to make investments in this range for the next few years.
“This is a massive investment outlay. We are also investing in back-end commissaries. We opened one in Bengaluru during the last financial year. We have now started work on the Mumbai commissary.”
