Gurgaon : Abhinav Bindra, the first Indian gold medalist in Olympics in single category

visits the First Pizza Vito Franchise store, Gurgaon for the first time to give away the Best Franchise Award for 2012 here today. PizzaVito, a US based chain of Pizzerias started by an Italian Mr. Vito Dibartolo in 1966. It became a Franchise in 2008 and thereafter inked a deal with Mr. Abhinav Bindra, the Olympic Gold Medalist & World Champion in Air Rifle Shooting, for entire Asia. The brand now owned and led by Mr. Bindra is all set to expand pan-India with a host of corporate stores & franchise associations.

“The pizza industry is about Rs 1300 crore with 1200 branded Pizza Outlets, growing on par with the fast food industry at a healthy 25-30%. The category is still in the growth stage and the country can take about 1000 more stores in next 10-years, we plan to garner a large share of the pie by setting up corporate stores & Franchisee association. The company has mega plans to introduce Pizza Vito to other Asian countries such as Kuwait, the UAE, Malaysia, Singapore. ” said Dr. Bindra Chairman of PizzaVito Asia.

India’s huge domestic population coupled with growing disposable income, increasing customer aspirations have led to slow but steady transition of Indian cities to more modern outlook. Customer today embraces international brands with ease be it in Food sector, retail or Education.

The size of Indian Food retail industry is estimated to be INR 43000 Crs, with organized segment only capturing 16-20%. The Organized segment is expected to double to INR 28,000 Crs by 2015 which presents a great opportunity for aspiring brands (The Food Franchising Report 2011)

Mr. Sanjeev Chaba, owner of PizzaVito Franchise at ILD Trade center, Gurgaon was elated to receive best Franchisee Award for 2012.  “We are the first Franchisee for PizzaVito in India & I am very happy to be part of PizzaVito Family, with the support that has been extended to me. It gives me great pleasure to announce that we are extending our association with Dr. Bindra & presenting Gurgaon with another outlet at Sector 23 / Palam vihar. I like to welcome you all at the new outlet to be launched 1st June 2013 “said Mr. Sanjeev Chaba.