CANTON, MASS. (February 24, 2011) – Dunkin’ Donuts, the world’s leading baked goods and coffee chain, is continuing its steady expansion around the globe, announcing today that the company has signed an agreement with Jubilant FoodWorks Ltd. to enter the Indian market. The master franchise agreement calls for Jubilant FoodWorks to develop, sub-franchise, and operate more than 500 Dunkin’ Donuts restaurants throughout India over the next 15 years. The first Dunkin’ Donuts locations are expected to open by early 2012. The Agreement marks the largest international store development commitment in Dunkin’ Donuts’ history.
“Dunkin’ Donuts is one of the world’s pre-eminent and fastest-growing food service brands,” said Mr. Shyam S. Bhartia, Chairman, and Mr. Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Ltd. “We are proud to be the newest Dunkin’ Donuts international franchisee and look forward to introducing Dunkin’ Donuts’ outstanding beverages, baked goods and snacks, along with their quality service and great value, to people throughout India.”
Dunkin’ Donuts and Jubilant FoodWorks will work together to offer customers a menu that combines Dunkin’ Donuts’ renowned coffee, espresso-based drinks, baked goods and other snacks, along with products specially tailored for the Indian market
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_x000D_ Founded in 1950, Dunkin' Donuts is America's favorite all-day, everyday stop for coffee and baked goods. Dunkin' Donuts is a market leader in the hot regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin categories. Dunkin' Donuts has earned the No. 1 ranking for customer loyalty in the coffee category by Brand Keys for five years running. The company has more than 9,700 restaurants in 31 countries worldwide. In 2010, Dunkin' Donuts' global system-wide sales totaled $6 billion. Based in Canton, Mass., Dunkin' Donuts is a subsidiary of Dunkin' Brands, Inc. For more information, visit www.DunkinDonuts.com.
JFL was incorporated in 1995 and initiated operations in 1996. JFL is India’s largest and fastest growing food service company, with a network of 364 stores (as of 31 December, 2010). JFL operates Domino’s Pizza brand with the exclusive rights for India, Nepal, Bangladesh and Sri Lanka. The Company is the market leader in the organized pizza market with a 50% market share and 70% share in the Pizza home delivery segment in India. The Company has now also strengthened its portfolio by entering into an agreement with Dunkin' Brands Inc., for developing the Dunkin’ Donuts brand and operating restaurants in India, Srilanka, Bangladesh and Nepal.