Jubilant FoodWorks has approved the non-renewal of its development rights for the Dunkin’ brand in India upon the expiry of its current agreement on December 31, 2026.
The decision has been taken by the company’s Board of Directors at its meeting held on March 30, 2026, as part of a broader strategic assessment of its business operations.
The company has entered into a Multiple Unit Development Franchise Agreement (MUDFA) with Dunkin’ in February 2011 to develop and operate the brand in India. The agreement has remained valid until December 31, 2026, after which it will not be renewed.
Following this, Jubilant FoodWorks has planned a phased and orderly evaluation of its Dunkin’ business in India. This has included potential rationalisation or cessation of certain operations, along with options such as sale, transfer, or disposal of assets and possible reassignment of franchise rights, in consultation with the brand owners and in line with regulatory and contractual requirements.
The company has stated that this decision will not have any material operational or financial impact on its overall business. For context, Dunkin’ has contributed 0.61% to the company’s revenue in FY 2024–25.
The company has indicated that any closure-related actions will be completed on or before December 31, 2026.
