June 9 (Reuters) - U.S. pizza chain Little Caesars is
planning to open dozens of stores in India over the coming years
aiming to capitalise on the country's robust economic growth, an
executive told Reuters.
Little Caesars will open its first Indian store in the Delhi
NCR region this month.
"India is on a growth trajectory ... We don't want to miss
this wave," said Carlos Vidal, vice president of international
development at the privately held Little Caesars.
India's economy is projected to grow at 6.5% for fiscal
2026, maintaining its position as the fastest-growing major
economy, according to the International Monetary Fund.
Founded in 1959, Little Caesars is the third largest
pizza chain in the world, with a presence in more than 29
countries.
The Indian pizza market is fiercely competitive, with
established players like Domino's Pizza and Yum Brands' ( YUM )
Pizza Hut, alongside local chains such as La Pino'z and
numerous independent shops.
India has proven a challenging market for other major pizza
chains. Papa John's, for instance, exited in 2017 due
to fierce competition and operational challenges, though it now
plans to re-enter the market in 2025.
A 100 Little Caesars stores in India by decade-end is a
realistic target, Vidal said, adding the brand is "thinking
about hundreds and eventually thousands of stores over time."
Little Caesars is customizing its menu with vegetarian
pizzas to cater to the country's significantly large vegetarian
population. It will also introduce flavored crusts-a first for
the brand-as plain crusts are often left uneaten by Indian
consumers.
In addition to India, Little Caesars plans to also focus on
Malaysia, the Philippines, Indonesia, Thailand, the United Arab
Emirates and Brazil over the next few years with a view to
opening more new stores outside the United States.