Domino's Pizza to invest more in Sri Lanka

Hari. S. Bhartia , who is the Co-Chairman and Founder of Jubilant Foodworks , that owns and runs the Domino's Pizza chain and Dunkin Donuts ,will be in Sri Lanka for a short visit next week to explore investment potential in the country.

Jubilant FoodWorks Ltd is a part of Jubilant Bhartia Group, which is valued at over US $ 3 billion and is headquartered at Noida in India. It has a strong presence in diverse sectors like pharma and life sciences, food and retail, oil and gas, agri and performance polymers and consulting services in aerospace and oilfield industries. The group employs over 20,000 people globally with over 1400 in North America and is steadfastly gaining global recognition in its various businesses.

Jubilant FoodWorks, the master franchisee of Dominos international in India, Bangladesh, Nepal and Sri Lanka is the most widely recognized consumer brand of Jubilant Bhartia Group .It was incorporated in March 16, 1995 as 'Domino's Pizza India Private Limited' and subsequently changed it name to Jubilant FoodWorks Limited in 2009. The company has been listed on the Indian Bourses in mid 2010.

It is the fastest growing Dominos pizza country in the world with company owned stores across India and market leadership in the organized pizza market with a 50% market share and 70% share in the Pizza home delivery segment in India.

The business strategically focuses on the home delivery segment and has been widely recognized for its differentiated business model with a focus on innovation and operational excellence to offer "great taste", "customer service" and "value for money".

Domino's Pizza has four large regional commissaries in India catering 439 stores (as of December 31, 2011), in 100 cities and 9 small back end commissaries in cities that are far away from the larger commissary locations.

Over the last 15 years the company has developed a network of more than 500 vendors who have grown significantly along with the Domino's Pizza brand by partnering in the brands success as well as by working together to develop new products, recipes and ingredients to meet growing consumers' needs.

The brand, Domino's Pizza, was founded in the US in 1960 by Thomas and James Monaghan. Since then, it has grown into a global network of over 9000 pizza stores in more than 60 countries around the world.

Last year Jubilant FoodWorks has further expanded its portfolio by entering into an Exclusive Franchisee Agreement with Dunkin' Donuts, the worlds' largest baked goods and coffee chain, for bringing the brand to India through a chain of company owned Dunkin' Donuts stores.