Jubilant FoodWorks, one of India’s leading quick service restaurant operators, has announced that it will not renew its franchise agreement with Dunkin’, leading to a phased shutdown of the brand’s outlets across the country by December 31, 2026. The decision was revealed in a regulatory filing, confirming that the existing Multiple Unit Development Franchise Agreement (MUDFA) between the two companies will expire at the end of 2026.

According to the company, the board has opted for “non-renewal of development rights” granted under the agreement, signaling a strategic shift in business priorities. As part of this transition, Jubilant FoodWorks will gradually assess and execute plans for its current Dunkin’ operations in India. This may include rationalisation of stores, closure of underperforming outlets, or even the sale or transfer of assets and franchise rights, all in consultation with the brand owners. OnePlus Reportedly Shuttering Retail Stores in India As Global Shutdown Looms.

The company emphasized that all actions related to the shutdown will strictly follow contractual obligations, regulatory norms, and applicable laws. While a detailed roadmap for the closures has not yet been disclosed, the process is expected to take place in a phased manner to ensure minimal disruption.

Founded in 1995, Jubilant FoodWorks has grown into a major player in the food service industry, operating over 3,500 stores across markets including India, Turkey, Bangladesh, Sri Lanka, Azerbaijan, and Georgia. The company manages a strong portfolio of international brands such as Domino’s and Popeyes, along with its own brands like Hong’s Kitchen and COFFY in Turkey. Jubilant FoodWorks to Exit Dunkin’ Franchise in India After 15-Year Partnership.

The decision to exit the Dunkin’ business in India reflects Jubilant’s focus on strengthening its core brands and optimizing its market strategy. Dunkin’, known globally for its coffee and doughnuts, has struggled to scale in India amid intense competition and shifting consumer preferences.

With the agreement set to expire in 2026, more clarity is expected in the coming months regarding store closures and the future of Dunkin’ assets in India.

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(The above story first appeared on LatestLY on Apr 03, 2026 03:06 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).