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Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
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Jubilant FoodWorks Limited is an Indian company based in Noida, Uttar Pradesh which holds the master franchise for Domino’s Pizza in India, Nepal, Sri Lanka and Bangladesh, and also for Dunkin’ Donuts in India. The company is a part of the Jubilant Bhartia Group.
The company was incorporated on 26 March 1995 as Domino’s Pizza Indian Private Ltd and began operations in 1996. It changed its name to Jubilant FoodWorks Ltd in 2009.[5] The company opened India’s first Domino’s Pizza outlet in New Delhi in 1996.
On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain Dunkin’ Donuts to operate the brand in India.[7] Jubilant FoodWorks opened India’s first Dunkin’ Donuts outlet in Connaught Place, New Delhi in April 2012. Jubilant FoodWorks was named “Emerging Food Group of the Year” by The Economic Times in 2012.
On 19 March 2014, the 700th Dominos Pizza outlet was opened at HUDA City Centre metro station in Sector-29, Gurgaon, Haryana.[10] The company opened 47 new restaurants between January–March 2014 and 150 outlets in the 2013–2014 financial year. In January 2016, Dominos opened its 1000th outlet.
In 2016, Centre for Science and Environment(CSE) reported that their pizza bread were laced with toxins and carcinogens such as potassium bromate and potassium iodate. Domino’s did not respond to the CSE queries Potassium bromate is a Category 2B carcinogen, meaning it can cause liver cancer.
Post Updated 03:09 PM
