Jubilant franchisee of ’Dunkin’ Donuts restaurants

2011-02-24 18:56:35 - Nksagar-Sagar Media Inc:
JFL, which already has rights for Domino’s Pizza, has now Jubilant FoodWorks Ltd., (JFL) India’s largest Food Service Company, announces the signing of a master franchisee agreement with the international subsidiary of Dunkin’ Donut’s to bring Dunkin’ Donuts restaurants to India.

Jubilant FoodWorks Ltd., (JFL) India’s largest Food Service Company, announces the signing of a master franchisee agreement with the international subsidiary of Dunkin’ Donut’s to bring Dunkin’ Donuts restaurants to India. With the beginning of this new agreement with Dunkin’ Donuts, JFL, which already has rights for Domino’s Pizza, has now significantly strengthened its portfolio. JFL is well poised to
address two distinct non-competing segments of the Food Service Industry in India, namely the home delivery of Pizza’s market and the all day part dine-in restaurant, food and beverage market.

Mr. Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited said “We are delighted with this partnership and are excited about bringing the Dunkin’ Donuts brand to India. We strongly believe that the Dunkin’ Donuts brand is extremely relevant for India not only due its strength in donuts and coffee, but also due to a differentiated food and beverage menu. Dunkin' provides flexibility in localizing recipes, and we have strengths in food and culinary which we intend to leverage. We will provide an excellent all-day food, coffee, beverage and donut menu, suited to the Indian taste buds”.

Dunkin’ Donuts is an iconic brand, yet the brand is perhaps more relevant to consumers today than at any time in its history. The original Dunkin’ Donuts experience started in 1950 with cup of coffee and a donut. Today, Dunkin’ Donuts offers a wide range of high-quality foods and beverages, including a wide variety of coffee, coffee-related beverages, tea, flavoured beverages, baked goods and an expanding all-day snacking menu. Dunkin’ Donuts still use the original proprietary coffee blend recipe established by its founder more than 60 years ago. Besides coffee, Dunkin’ Donuts has a wide range of food products such as donuts, bagels, muffins, breakfast sandwiches, flatbread sandwiches, hash browns and more.

Dunkin’ Donuts is the world’s leading baked goods and coffee chain with total global system-wide sales of US $6 billion. Dunkin’ Donuts has more than 9,700 restaurants globally in 31 countries. Dunkin’ Donuts has rapidly expanded in 2010, opening 574 net new global locations, making it the fastest growing QSR in the world last year.

Mr. Nigel Travis, Dunkin’ Brands Chief Executive Officer and Dunkin' Donuts President, said, “Expansion to India is an integral part of Dunkin’ Donuts’ international growth plan. “As one of the world’s fastest growing economies and second most populous country, India presents a tremendous growth opportunity for Dunkin’ Donuts. We are especially delighted that we are entering the country with Jubilant FoodWorks Ltd., a world-class food service company. With a deep understanding of the Indian consumer, solid operational expertise and best-in-class marketing, Jubilant FoodWorks will play a key role in delivering on our goal to bring Dunkin’ Donuts coffee, baked goods and snacks to more people around the globe. We look forward to a long and mutually beneficial alliance.”