Jubilant FoodWorks Limited based out of New Delhi (India) has entered a strategic master franchise agreement with Dunkin’ Donuts a unit of US based Dunkin' Brands Inc., confirms company official. The company has acquired exclusive rights to operate and grow the brand via master franchise route in India. The company plans to open 25-30 Dunkin' Donuts outlets over next three years. This agreement has come at a time when many international brands are making their forays into Indian market in F&B. The venture is expected to be a low capital expenditure and high on ROI.
Additionally, Jubilant FoodWorks is also master franchisee for US based Domino's Pizza Inc. for India, Nepal, Bangladesh and Sri Lanka. The company has 364 Domino's Pizza outlets currently.
Dunkin` Donuts is world`s fastest growing QSR chain of baked goods and coffee company with more than 9,700 restaurants in 31 countries worldwide.