Papa John’s International Inc. has entered a development/franchise agreement for the purpose of opening around 650 restaurants in India by 2033, in collaboration with PJP Investments Group.
Khaitan & Co was involved in reviewing and finalizing the development / franchise agreement for the purpose of opening Papa John’s outlets in India.
The core team consisted of Rabindra Jhunjhunwala (Partner), Stuti Galiya (Partner), and Shalini Panigrahi (Senior Associate) with assistance from the following:
Competition Law aspects: Anisha Chand (Partner), Aman Singh Baroka (Senior Associate) and Rishabh Vohra (Associate)
Direct Tax aspects: Ritu Shaktawat (Partner) and Sneh Shah (Principal Associate)
Indirect Tax aspects: Dinesh Kumar Agrawal (Executive Director)
The first of these planned restaurants is scheduled to open in 2024 in Bangalore, followed by outlets in other cities in South India and other regions of the country.
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