30 Fastest

Pizza gone cold

Jubilant Foodworks’ growth led by store expansion was fast. Now, the momentum is showing signs of flagging

Vishal Koul

Three white dots in two red squares — when Tom and James Monaghan set up Domino’s Pizza in Ypsilanti, Michigan, in 1960, the brothers planned to add a dot to the logo for every new store. The Indian operations of the pizza chain must be especially grateful they dropped the idea a few years later — if not, Jubilant Foodworks would be updating the logo every three days, for that is the speed at which India’s largest and fastest-growing food service chain is growing. “We have added 110 stores in FY13. Domino’s India is the fastest growing in the Domino’s world as well,” grins Ajay Kaul, CEO, Jubilant Foodworks, the master franchisee for Domino’s Pizza and Dunkin’ Donuts in India.