Papa John's to invest Rs 250 crore in India

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World's third largest pizza chain, Papa John's will open 100 outlets in different parts of the country with an investment of Rs 250 crore.

Talking to the newspersons on the sidelines of the inaugural of its first outlet in the city in Vadodara on Friday, Suden Singh, Business Head of JIP Fashion and Restaurant India Pvt Ltd, a franchisee of Papa John's in India, said that it is their first outlet in the city while two outlets will be opened in Ahmedabad in next couple of months.

They are also planning to open outlets in Surat and Rajkot later, he added.

The Rs 300-crore Indian Pizza market is growing rapidly due to change in the eating habits of people and is likely to touch Rs 1,000 crore in next four years, said Singh.

Viewing this response, the company has plans to venture out in various states of the country including Maharashtra, Goa, Madhya Pradesh, Delhi, Kerala, Tamil Nadu, West Bengal, and Rajasthan, he said.