Pizza Hut Marks India As Its Key Market For Growth

Pizza Hut Marks India As Its Key Market For Growth


Pizza Hut, a division of US-based Yum! Brands Inc, is betting big on India which has been identified by the fast food chain as one of the key markets for its future global growth. The company, which opened its 9,000th restaurant outside the US in Mumbai, has already lined up plans to double its outlets in India to over 700 over the next five years.

Pizza Hut International President Milind Pant said “Pizza Hut is in 105 countries across the world and we choose India for celebrating this milestone because it is one of the key countries for accelerating the global growth. India now has five consecutive quarters of same store sales growth and it's on cusp of accelerating growth. It's always been a big potential market for us. Pizza Hut, which opens a new store every 18 hours, has a global network of 16,500 stores. The 9,000th store outside the US is operated by Sapphire Foods. Presently, Yum! Brands has over 350 stores of Pizza Hut spread over 100 cities in India”.



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