The world's cheapest Domino's pizza is in inflation-hit India. It costs $0.60
The world's cheapest Domino's pizza is in inflation-hit India. It costs $0.60
CHENNAI/NEW DELHI : Q: How does the world's biggest pizza brand respond to high inflation in the world's most populous nation? A: With the world's cheapest Domino's pizza. The 49-rupee ($0.60) pizza in India, Domino's No.1 market outside America, is the tip of the spear in its fight against rampant ...
The material conditions of people within India are just as important when putting things like this in context. The minimum wage for unskilled workers in New Dehli is equivalent to a salary of $202.64, or $0.10/hr. That pizza is insanely expensive for people in India.
426 hours of work for a Domino's pizza is pretty damn insane.
24Legal minimum wage in Delhi 663 rs per day. Which is about $.80/hr. https://labour.delhi.gov.in/sites/default/files/Labour/generic_multiple_files/minimum_wages_current.pdf
6That doesn't mean that wage is respected in India... Particularly in areas where labor far exceeds demand.
12I don't know where you're getting the numbers on that conversion, 663 rs is equivalent to $8.08.
From your same source, I rounded up to 16800 rs and divided by 2080 (40/hr weeks for 52 weeks), which came out to 8.08 rs/hr, which converts to $0.10/hr. it doesn't seem to me that the daily wage is equivalent to the yearly wage. With a complete shot in the dark, it seems like that's intentional as a poor attempt to dissuade the use of short term labor.
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I get that this price is high compared to relative local wages. But I don't understand is how is Domino's making pizzas this cheap without all the subsidies for wheat and milk that we benefit from in the United States?
6Meanwhile in NZ, a supermarket chain decides to spend $400 million on rebranding in the middle of a cost of living crisis.
I don't like Domino's, they have shit pizza. But they are doing right by their customers and .. I'm impressed.
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