Dunkin' to Withdraw from Indian Market Following End of 15-Year Franchise Agreement

Jubilant FoodWorks to Phase Out Dunkin' Operations in India

Jubilant FoodWorks Ltd, the Indian arm of Dunkin', has decided not to renew its franchise agreement for the Dunkin' brand in India. The company announced that it will begin a phased closure or restructuring of its existing Dunkin' operations.

The Multiple Unit Development Franchise Agreement (MUDFA), signed on February 24, 2011, between Jubilant FoodWorks Ltd (JFL) and Dunkin', is set to expire on December 31, 2026. The company's board has approved the non-renewal of development rights granted under the agreement upon completion of the current term.

As part of the restructuring process, JFL will undertake actions in a phased manner regarding its existing Dunkin' operations. These may include the rationalisation or cessation of certain stores, sale or transfer of assets, or assignment of franchise rights, in consultation with the Dunkin' brand owners.

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JFL has assured that all steps will be taken in accordance with the terms of the agreement, applicable laws, regulatory requirements, and contractual obligations.

Jubilant FoodWorks entered the Dunkin' India business through the MUDFA in 2011, which granted it rights to develop and operate the brand in the country. The agreement formed part of the company's broader strategy to expand its presence beyond its core pizza business.

Jubilant FoodWorks Portfolio and Footprint

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JFL operates a network of more than 3,500 stores across six markets, including India, Turkey, Bangladesh, Sri Lanka, Azerbaijan, and Georgia. Its portfolio includes global brands such as Domino's and Popeyes, along with company-owned brands including Hong's Kitchen and COFFY, which operates in Turkey.

The company said the process of restructuring Dunkin' operations will be gradual and subject to consultation with the brand owner. The filing did not specify timelines for store closures or asset transfers beyond stating that actions will be carried out in a phased manner aligned with contractual and regulatory requirements.