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Jubilant FoodWorks exits Dunkin' India
Reuters·T1·
Jubilant FoodWorks has announced its decision not to renew its franchise agreement for Dunkin' stores in India. The agreement is set to expire at the end of 2026, after which the company will cease its operations of Dunkin' outlets in the country. This move indicates a strategic shift for Jubilant FoodWorks, potentially focusing on other brands or business ventures within the Indian food service market. The exit suggests challenges or a change in strategy regarding the Dunkin' brand's performance or future prospects in India. The company will continue operating the stores until the agreement concludes.
Tags
food
franchise
Original Source
Reuters — www.reuters.com