Fast Food Chains Show Appetite For Expansion

Telegraph India:

New Delhi, Fast food chains such as Domino’s Pizza, Nirula’s, Pizza Hut and KFC have drawn up expansion plans.

While Pizza Hut and Kentucky Fried Chicken (KFC) plans to increase the number of outlets from 134 to 175 by the end of this year, Nirula’s will add another 25 outlets to its existing 51 by the end of 2008. Domino’s Pizza has 140 stores in 31 cities.

Sudipta Sengupta, senior vice-president — sales and marketing, Nirula’s, said, “The market is growing by leaps and bounds. The growth is so buoyant that we cannot even project growth rates beyond 2010.”

In the next two to three years, Domino’s Pizza plans to open 50 to 60 outlets in 20 more cities. Nirula’s is present only in northern India now. It will launch its operations in Mumbai by the first quarter of the next fiscal.

It plans to open 50 to 60 outlets in the city. The company will also go to south India by the middle of next year and to the east by 2009. It plans to have 200 outlets by the end of 2009.