CHENNAI/NEW DELHI : Q: How does the world's biggest pizza brand respond to high inflation in the world's most populous nation? A: With the world's cheapest Domino's pizza. The 49-rupee ($0.60) pizza in India, Domino's No.1 market outside America, is the tip of the spear in its fight against rampant inflat
CHENNAI/NEW DELHI : Q: How does the world's biggest pizza brand respond to high inflation in the world's most populous nation? A: With the world's cheapest Domino's pizza.
In Shanghai, by comparison, Domino's cheapest savoury pizza is priced about $3.80, and in San Francisco about $12, online menu prices show. Domino's global HQ referred queries about India to its local franchisee. He gave new details of Domino's India pivot and its financial gains; his company has removed lids from all boxes of pizzas sold at stores starting December, saving 0.6 cents each time. He said that amounts to a significant saving in packaging costs because 37 per cent of Domino's Indian business is dine-in.
McDonald's launched half-price meals in June. They'll be the focus of promotion efforts in coming weeks, according to Akshay Jatia, executive director at Westlife Foodworld, which runs 357 outlets in western and southern India. He said the meals would bring in more customers and boost sales and margins.
The industry players described a tale of two consumers in a country with yawning gaps between rich and poor.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India's Vedanta says awaiting India govt nod for semiconductor plantBENGALURU : India's Vedanta is awaiting the Indian government's nod for incentives under a modified semiconductor production plan to begin construction of a plant in western state Gujarat, for which its has roped in technology and equity partners, a top executive said on Tuesday.
Read more »
Sri Lankan President Wickremesinghe seeks to disarm India's China fearsIndia is concerned about China’s increasing influence in Sri Lanka. Read more at straitstimes.com.
Read more »
Indian opposition parties form alliance called ‘India’ for 2024 electionsThe president of the main opposition Congress party said “India” stands for “Indian National Developmental Inclusive Alliance”. Read more at straitstimes.com.
Read more »
India’s Yamuna river laps walls of Taj Mahal after unusually heavy rainThe last time the river reached the walls of the monument was in 1978, local media reports said. Read more at straitstimes.com.
Read more »
Google says India court order not to remove Disney app is interimBENGALURU : Google said on Wednesday an Indian court's directive that the company cannot remove Disney's streaming service from its app store in the country is interim in nature.A temporary 4 per cent in-app fee will apply as legal proceedings play out, the U.S. tech giant added.
Read more »
Delhi court grants bail to Indian wrestling body chief in sexual harassment caseNEW DELHI : A New Delhi court on Tuesday granted bail for two days to the chief of India's wresting body who is accused of sexually harassing six female wrestlers.Brij Bhushan Sharan Singh, the chief of the Wrestling Federation of India and also a lawmaker from the ruling Bharatiya Janata Party, has denie
Read more »