Australian pizza chain Eagle Boys is spending $1million in the Indian market to take up the store count to 350 in the next three years. Diwa Hospitality, the master franchise for Debonairs Pizza, is now revamping their business model and ready to hit the road to Indian market again with new stores for Debonairs Pizza. Owned by the publicly listed South Africa’s Famous Brands, which has several fast food and casual dining chains, Debonairs Pizza made its India entry in 2003 and exited within six months thereafter. A decade later it re-entered the Indian market and now it has shut its stores for the second time. Yum Brands, the master franchise for US chain Pizza Hut, is also roping in PE funds to buy out its existing franchise in west and south India. All these swings of global pizza majors making big in the Indian market will bring fresh business opportunity to the signage companies in the domain of in-shop designs, displays and related tasks.
