Investor Ask, Do You Deliver In New Delhi?
Stocks: (MOT)(NOK)(IBM)(INTC)(CSCO)(MFST)
By Yaser Anwar, CSC of Equity Investment Ideas
Millions of Indians may be asking that of Papa John's pizza restaurant in the coming years. The company announced on Thursday that it intends to open 500 pizza joints across the country over the next 10 years.
The company already has two pizza restaurants in Noida, a suburb of New Delhi. Papa John's says that the growing middle class in India makes it a great market.
Papa John's Chief Executive Nigel Travis tells the Associated Press that rising incomes and dual-income families will make takeout and packaged foods more prevalent in India.
"Growing affluence in India is already evident with families eating out four to five times a week," says Travis.
The company says Om Pizza and Eats India are the its franchise partners in India, and it will start with opening 100 stores in northern India.
Other international "high-potential" markets for Papa John's pizza are Mexico, Britain, South Korea, China, and Russia.
India's growing and well-educated middle class is attracting lots of businesses from the U.S. to its soil. However, most look to take advantage of India's lower-priced workforce rather than focusing on its consumer demand.
Telecom companies Motorola and Nokia just announced that they are investing great sums of money in the country. Motorola will invest $100 million to build a factory in India. Nokia will invest $150 million on a manufacturing plant. Both plants will be built in the Madras region.
IBM is investing $6 billion in India over the next three years. The company plans to build service delivery centers and in Bangalore and a telecommunications research and innovation center.
Last year, Microsoft said it is doubling its workforce in India over the next four years. Intel said it would invest in India, and Cisco Systems is sinking $1.1 billion into India over the next three years.
http://www.equityinvestmentideas.blogspot.com/
By Yaser Anwar, CSC of Equity Investment Ideas
Millions of Indians may be asking that of Papa John's pizza restaurant in the coming years. The company announced on Thursday that it intends to open 500 pizza joints across the country over the next 10 years.
The company already has two pizza restaurants in Noida, a suburb of New Delhi. Papa John's says that the growing middle class in India makes it a great market.
Papa John's Chief Executive Nigel Travis tells the Associated Press that rising incomes and dual-income families will make takeout and packaged foods more prevalent in India.
"Growing affluence in India is already evident with families eating out four to five times a week," says Travis.
The company says Om Pizza and Eats India are the its franchise partners in India, and it will start with opening 100 stores in northern India.
Other international "high-potential" markets for Papa John's pizza are Mexico, Britain, South Korea, China, and Russia.
India's growing and well-educated middle class is attracting lots of businesses from the U.S. to its soil. However, most look to take advantage of India's lower-priced workforce rather than focusing on its consumer demand.
Telecom companies Motorola and Nokia just announced that they are investing great sums of money in the country. Motorola will invest $100 million to build a factory in India. Nokia will invest $150 million on a manufacturing plant. Both plants will be built in the Madras region.
IBM is investing $6 billion in India over the next three years. The company plans to build service delivery centers and in Bangalore and a telecommunications research and innovation center.
Last year, Microsoft said it is doubling its workforce in India over the next four years. Intel said it would invest in India, and Cisco Systems is sinking $1.1 billion into India over the next three years.
http://www.equityinvestmentideas.blogspot.com/
posted by douglas mcintyre at 5:18 AM
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