Your favourite Dunkin’ Donuts will soon leave India

Jubilant FoodWorks Ltd has reportedly decided not to renew its franchise agreement with Dunkin' and will shut down its outlets in India in a phased manner, the company said in a regulatory filing.

The Multiple Unit Development Franchise Agreement (MUDFA), signed on February 24, 2011, is set to expire on December 31, 2026.

As per reports, the company’s board has approved the non-renewal of development rights granted under the agreement for operating the Dunkin’ brand in India upon expiry of the current term.

Jubilant FoodWorks said it would progressively evaluate its existing Dunkin’ operations and undertake appropriate measures, including rationalisation or closure of certain outlets, as well as the possible sale or transfer of assets and franchise rights, in consultation with the brand owner.

The company added that the process would be carried out in accordance with contractual obligations, applicable laws and regulatory requirements.

Jubilant FoodWorks, incorporated in 1995, operates a network of over 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 its own brands, including Hong’s Kitchen and COFFY in Turkey.