&w=3840&q=100)
Little Caesars enters India with first outlet in Delhi-NCR this month
India -- one of the fastest growing quick service restaurant markets -- will be the 30th market for Little Caesars, which is also the world's largest family-owned pizza chain, for which it has roped in Harnessing Harvest as its franchise partner.
It has planned to open its first outlet in Delhi-NCR in this month, with plans for additional locations to follow, according to a statement from the company.
"Launching in India marks an exciting milestone for Little Caesars as we expand into our 30th country. With our delicious pizzas and unbeatable value, we're eagerly anticipating introducing a unique menu that we believe will captivate India," said Paula Vissing, President, Global Retail, Little Caesars Pizza.
Its entry into India market reflects the brand's commitment to global growth, bringing its signature menu and exceptional value to a new market, it said.
Recently, Little Caesars has launched in markets such as Cambodia and Kuwait as part of its global expansion.
Little Caesars, was founded by Mike and Marian Ilitch as a single, family-owned restaurant in 1959 and is headquartered in downtown Detroit, Michigan. The brand is known for its 'hot-n-ready' pizza, crazy puffs, and famed crazy bread in the US market. Its franchise partner, Harnessing Harvest, has nearly nine decades of operations in the Indian food and hospitality industry.
According to a report from IMARC Group, the Indian pizza market size reached USD 5.3 billion in 2024. Looking forward, it expects the market to reach USD 11.8 billion by 2033, exhibiting a growth rate (CAGR) of 9.24 per cent during 2025-2033.
The Indian pizza market is led by global QSR brands as Domino's, Pizza Hut operated by their local franchise partners. Besides, several home-grown brands such as La Pino'z, Brik Oven, BOCS Pizza, etc, are also key players in the market.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
4 minutes ago
- The Hindu
From The Hindu, August 18, 1975: Boom days no more for Dubai gold dealers
Dubai, Aug. 17: This little Sheikhdom's once-active gold smugglers have run into rough times, victims of high international prices and an Indian crackdown. Dubai alone imported a good chunk of the non-communist world's gold production of 258 tonnes in 1970. Five years later imports have dropped to only five tonnes. In the boom days, most of the gold was minted in London and Zurich into small bars, airfreighted to Dubai and loaded in Arabian dhows of timeless design. The dhows sailed through the Arabian Sea to slip the precious metal into India and Pakistan for sale to black-market dealers. But those days are gone, at least for the time being. 'There are really three reasons why the gold has dwindled almost to nil here,' said a banker formerly engaged in the trade. 'There has been pressure from India, the fluctuations in the world gold price have put the risk up and the business expansion here has provided other outlets for speculative investment.' A Pakistani took time off from his new job of dealing in steel bars, portland cement and gold in Dubai's stock and commodity exchange to explain: 'The financial risks in smuggling gold to India are now three times greater than they were five years ago.' A Dubai-based smuggler could make an average 10 per cent net profit on each trip. Making several trips a month, he could soon double his stake. While the price of gold on the Indian black market has gone up, it has not kept pace with the world price. The dhows now carry expensive watches and luxury fabrics. But this trade too has suffered a recession, with ringleaders in the smuggling network being rounded up. 'You can't totally stop it,' said an Indian diplomat here. 'It has always gone on and it will always go on.'
Time of India
18 minutes ago
- Time of India
It's time to buy India, not sell, says Jefferies' Wood
Christopher Wood MUMBAI: Christopher Wood, a leading analyst on emerging markets at global broking major Jefferies, has suggested that India should not bow to US President Donald Trump's pressure tactics relating to higher tariffs. He advised Jefferies' clients to buy India, rather than sell, given the current global situation. Wood also indicated that the way Trump is going against some of the world's largest economies, it would push at least the Brics-the block of Brazil, Russia, India, China and South Africa-towards de-dollarisation. De-dollarisation refers to a trade process, where rather than using the US dollar as the currency for trade between two countries, the partners trade in a non-dollar currency. In his widely read newsletter titled Greed & Fear, Wood said that Jefferies would not view the previously discussed 50% tariff on Indian imports to the US as a reason to sell Indian equities. "Rather, it is probably a reason to buy them since Greed & Fear's view is that it is only a matter of time before Trump backs off the stance, which is not in America's interest. "On this point, it is worth noting that the track record makes it clear that it pays to stand up to the Donald," he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Put Bananas in the Garden and Just Watch Life Wise Hub Undo Wood said Jefferies has almost always been significantly bullish on India in Greed & Fear's various portfolios, most particularly, its Asia ex-Japan long-only portfolio. He mentioned that a recent report by Jefferies India highlighted that the country has just suffered its biggest period of under-performance over the past 12 months in a global emerging market context spread over the past 15 years. "This is not a great surprise tactically, since Korea has ripped higher on value-up while Taiwan has of late been celebrating the massive capex spending by hyperscalers (the leading global tech companies currently on a spending binge). For India the problem has been high valuations and, most importantly, massive equity supply. This is why we have of late been running only a marginal overweight in India in the Asia Pacific ex-Japan relative-return portfolio," Wood wrote in his newsletter. Still, Jefferies India made an interesting point in the report: following previous such periods of under-performance, the Indian market tended to bounce on a relative basis. "Or, in other words, that it is now too late to cut India with valuations now back near the 10-year average 63% PE (price-earnings) premium over emerging market peers," Wood said. The Jefferies strategist also said that one of the principal reasons Brics countries are coming together again is because an effective foreign policy conduct for a major world power requires a conceptual framework and "this is what is conspicuously lacking in the current US administration. The 47th US president certainly has no such framework and is also bereft of an adviser who has one." "This has become only too starkly evident in the past several days as Trump has succeeded in bringing China, Russia, India and Brazil together like never before. Indeed, Brics as a grouping has been regalvanised," he observed in the newsletter. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .
Time of India
an hour ago
- Time of India
Dixon Technologies, China's HKC Overseas form ₹370-cr JV to make display modules
Domestic electronics contract manufacturer Dixon Technologies has formed a ₹370 crore joint venture for display modules manufacturing with Chinese company HKC Overseas. The Dixon Technologies-HKC Overseas joint venture is for manufacturing and selling of LCD and TFT-LCD modules that are used in electronic devices like TV, mobile phones etc for display, a regulatory filing said on Saturday. "Dixon Technologies (India) Ltd has entered into a Term Sheet with HKC Corporation Ltd to form a joint venture for manufacturing of Liquid Crystal Modules, thin film transistor liquid crystal display modules, assembly of end products such as smartphones, TVs, monitors and auto displays and selling HKC branded end products in India," the filing said. HKC Overseas Ltd will acquire 26 per cent stake in Dixon Display Technologies Pvt Ltd (DDTPL) for USD 10.998 million, about ₹95.5 crore and Dixon will acquire 74 per cent stake in the JV for USD 31.3 million, about ₹274 crore in two tranches. "The company, HKC and DDTPL have executed the SSHA (share subscription and shareholders' agreement) on August 16, 2025," the filing said. Dixon has been on a spree of forming joint ventures with Chinese technology companies. Last month, the company had announced a JV with Chinese electronic component firms -- Chongqing Yuhai Precision Manufacturing Co Ltd and the Indian arm of Kunshan Q Technology -- for manufacturing and sales of electronic components used in electronic devices like mobile phones and laptops, among others. PTI
