Friday, November 17, 2006

Papa Johns plans to invest Rs. 100 crore in India operations

The Economic Times reports that US pizza chain, Papa Johns announced that it would be opening 100 outlets in northern India with an investment of Rs. 100 crore. The company had recently opened stores in India. Initially, the company had planned to open 500 stores over the next 10 years, but with the robust growth and competition in the pizza industry, the company has now upgraded its expansion. Kamal R Tandon, chairman of Papa Johns India, said that the company’s, "…focus areas in North India would be cities in Punjab - Amritsar, Ludhiana and Rajasthan and the NCR region."

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