Dunkin' Donuts' journey in India is over! Stores are closing, learn why.
American food brand Dunkin' Donuts has made a major decision regarding its operations in India. The company's Indian partner, Jubilant Food Works Ltd., has decided not to extend the franchise agreement...
Dunkin' Donuts prepares to bid farewell to India...
Dunkin' Donuts India Exit: American food brand Dunkin' Donuts has made a major decision regarding its business in India. The company's Indian partner, Jubilant Food works Limited, has decided not to extend the franchise agreement.
This agreement expires on December 31, 2026. Following this, Dunkin' Donuts stores across the country will be closed in a phased manner. Its operations will gradually cease completely.
What is the reason behind the decision?
This move by Jubilant FoodWorks Ltd. indicates that the company is shifting its strategy and wants to focus more on its core brands and key markets. Following board approval and official filings, the decision to spin off the Dunkin' business has been made.
The stores will be closed gradually in the coming time. Further updates are expected. According to reports, continued losses and a lack of expected business growth are believed to be the primary reasons for the termination of the agreement.
The company's future plans
The company stated that Dunkin' stores will not be closed all at once, but will be gradually reducing operations. In some locations, stores may close completely.
While some may be sold or resold, this entire process will be conducted in accordance with established regulations to minimize disruption and minimize customer impact.
The company's business is spread across many countries.
Jubilant Food Works Limited was incorporated in 1995 and today operates in six countries. The company has over 3,500 stores in India, Turkey, Bangladesh, Sri Lanka, Azerbaijan, and Georgia.
The company also manages international brands such as Domino's and Popeyes, as well as its own brands such as Hong's Kitche and the Turkish café brand COFFY.