Jubilant FoodWorks exits Dunkin business by December 2026
The Indian operator will review the next step with Dunkin’s owner.
Indian foodservice operator Jubilant FoodWorks has announced that it will not renew its development rights for the doughnut and coffee chain Dunkin' in India.
Following the announcement, it will shut down all of its Dunkin operations by December 2026.
Jubilant FoodWorks first franchised the doughnut chain in 2011. The development terms of its franchise rights will end by 31 December 2026.
“Pursuant to the overall strategic assessment undertaken by the Company, the Board of Directors, at its meeting held today, has inter-alia considered and approved the non-renewal of the development rights granted in the MUDFA in relation to the Dunkin’ brand, upon expiry of its current term,” the company said in a stock exchange filing.
Following the decision not to renew its development rights, the company said it will gradually review its existing Dunkin’ operations and take appropriate actions, which may include closing or rationalising some stores, selling or transferring assets, and assigning franchise rights. These steps will be carried out in consultation with the brand owner and in compliance with contractual terms and regulatory requirements.
The group said the decision will not have any material operational or financial impact on the company. In its last investor presentation, Jubilant FoodWorks reported operating 27 Dunkin stores after closing seven in the past year. Dunkin’ is a global coffee and doughnut chain owned by Inspire Brands.
