Dunkin' Donuts to Exit India by End of 2026 as Jubilant FoodWorks Ends 15-Year Franchise Deal
Jubilant FoodWorks will not renew its master franchise agreement with Dunkin', ending the doughnut chain's 15-year run in India on December 31, 2026.
Jubilant FoodWorks will not renew its master franchise agreement with Dunkin', ending the doughnut chain's run in India when the current pact expires on December 31, 2026. The agreement was signed on February 24, 2011, and gave Jubilant rights to develop, sub-franchise, and operate more than 500 Dunkin' outlets across the country over 15 years. It never got close to that number.
- Franchisee: Jubilant FoodWorks
- Agreement signed: February 24, 2011
- Ends: December 31, 2026
- Outlets remaining: 27, as of December 2025
- FY25 loss on the brand: about ₹19.1 crore
The math behind the exit
Jubilant operated 27 Dunkin' outlets as of December 2025, after shutting seven over the preceding year. The brand contributed roughly 0.61% of Jubilant's total revenue and posted a loss of about ₹19.1 crore in fiscal year 2025, a rounding error next to the company's Domino's business, which remains its core franchise. Jubilant has said it will evaluate options for the remaining stores, including a sale or transfer of franchise rights, in consultation with Dunkin', and that the exit is not expected to have a material financial impact.
A pattern beyond one brand
We think the deadline matters less than the pattern behind it.
The bigger pattern here matters more than any single closing date: a master franchisee decides a sub-scale brand isn't worth the shelf space next to a bigger winner. Jubilant has been putting its growth capital behind Domino's and its newer fried-chicken franchise, Popeyes, instead, and Dunkin's 27 outlets simply weren't earning their place in that allocation. For anyone still searching "Dunkin' franchise India" expecting to find an open investment opportunity, the program that search would have pointed to will not exist after this year, and any listing that still describes it as active should be read as history rather than an active offer.
A master franchisee decided a sub-scale brand wasn't worth the shelf space next to a bigger winner.