-KH News Desk(firstname.lastname@example.org)
Papa Johns International has announced that it will be partnering with PJP Investments Group to expand into India, with plans to open 650 new restaurants by 2033. PJP Investments Group, which already operates over 100 Papa Johns locations across the UAE, Saudi Arabia, and Jordan, will open the first Papa Johns location in India in 2024 in Bangalore, followed by openings in other cities in South India and across the country. India is an attractive market for Papa Johns due to the country’s large size and the increasing income and aspirations of its middle class.
Amanda Clark, Papa Johns Chief International and Development Officer expressed excitement about the partnership with PJP Investments, a seasoned and successful restaurant operator. Clark also mentioned that PJP Investments first partnered with Papa Johns to expand into the UAE in 2005.
PJP Investments Group, led by CEO Tapan Vaidya, is among the first international franchisees to adopt a new, modern design for international restaurants that are enhancing the Papa Johns experience worldwide. Vaidya stated that they are excited to introduce the “BETTER INGREDIENTS. BETTER PIZZA.” promise of Papa Johns to pizza lovers in India, building on the success of their partnership in the Middle East.
PJP Investments plans to operate almost 1,000 Papa Johns restaurants within the next 10 years. Papa Johns has recently attracted new international franchisees, such as Fountain Vest Partners, one of Asia’s leading independent private equity firms. Fountain Vest Partners has plans to open over 1,750 new Papa Johns restaurants in China by 2040, and Papa Johns has expanded agreements with existing franchisees.