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<\/a>Dominos<\/p><\/div>Breaking News India<\/a><\/strong>,Latest Franchise News India<\/a><\/strong>,Dominos next steps into India’s burger segment,Starting at Rs 89, the \u2018BurgerPizza\u2019 range is available in two vegetarian and two non-vegetarian variants at the 100-plus Domino’s Pizza restaurants across India, said Jubilant FoodWorks,the master franchise<\/a><\/strong> for Domino\u2019s Pizza<\/a><\/strong> in India, an ET report said quoting company officials.<\/p>\n The BurgerPizza is also available for ordering on the Domino’s online ordering website and the Domino’s Pizza<\/a><\/strong> mobile app, the company said.<\/p>\n The new offering gains significance in view of several global burger brands entering India\u2019s quick service restaurant (QSR) market. On the contrary, the pizza segment is facing a steep downfall. According to reports, with burgers surpassing the pizza segment in India, Jubilant FoodWorks\u2019 net profit fell 6.5 per cent to Rs 29.47 crore on 14 per cent rise in net sales to Rs 617.84 crore in Q4 March 2016 over Q4 March 2015. <\/p>\n With the new product, Domino\u2019s is looking to increase its share in the ‘all day, individual consumption’ occasion. What it also has in its view is a growth in its share of the chained Indian Food Service Industry that is pegged to grow three-fold to Rs 25,000 crore within five years. <\/p>\n The company is pinning its hopes to increase its market through this new food item. According to a recent Euromonitor consumer food service report, the branded food service industry, which was Rs 20,000-crore market in 2015 in India is expected to touch Rs 53,000 crore by 2020. In terms of quick service restaurant <\/a><\/strong>(QSR) market share, burgers occupy 29.9 per cent whereas pizzas slice up 26.7 per cent. <\/p>\n And the move could be rewarding, or so the market trends suggest. Soon after the company announced the launch of BurgerPizza for Indian market, Jubilant FoodWorks, which holds the master franchise <\/a><\/strong>for Domino\u2019s Pizza<\/strong> in India<\/a><\/strong>, Nepal, Sri Lanka and Bangladesh, was up by 0.31 per cent to Rs 1.178.80 on BSE. <\/p>\n Moreover, Domino\u2019s\u2019 foray into the burger segment could be a good bet. Here is why. <\/p>\n While there is a marginal difference between burger and pizza<\/strong>, the market for the former is growing at a faster pace in the country. In the last two years, several global burger brands, including Burger King, Wendy\u2019s, Carl\u2019s Junior and Johny Rocket have opened stores in India. On the other hand, the pizza segment has been quite muted in terms of new players. <\/p>\n Burgers seem to be surpassing the pizza segment even in terms of online food <\/a><\/strong>delivery companies. <\/p>\n \u201cThey are one of the most popularly ordered items across all eight cities. Consumers order burgers throughout the day,\u201d said Nandan Reddy, co-founder of Bengaluru<\/a><\/strong>-based online food delivery startup Swiggy, which has over 4,000 restaurants on its platform offering burgers. 1. IRCTC to shortlist firms for catering services<\/a><\/p>\n 2. Amul products all set to go online e-Commerce platform<\/a><\/p>\n 3. BoConcept Furniture maker plans to open 8 stores in india by 2020<\/a><\/p>\n 4. Essar Oil plans to start 5000 pumps in next 18months<\/a><\/p>\n 5. Indian restaurant Taja Indian Signs Franchise Deal in Houston<\/a>
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