Ten Dunkin’ Donuts outlets in one year1 min read . Updated: 08 May 2012, 11:38 PM IST
Ten Dunkin’ Donuts outlets in one year
New Delhi: Jubilant FoodWorks Ltd, the master franchisee for Domino’s Pizza, will spend ₹ 10 crore to open 10 Dunkin’ Donuts stores in India in the next one year, chief executive Ajay Kaul said at the inauguration of its flagship outlet in New Delhi on Tuesday.
The investment per store is pegged at between ₹ 60 lakh and ₹ 1.2 crore depending on size that may vary from 350 sq. ft. to 2,800 sq. ft., Kaul said. Jubilant will leverage the existing supply chain and vendor capabilities of Domino’s for Dunkin’ Donuts.
The promoters of HT Media Ltd, which publishes the ‘Hindustan Times’ and ‘Mint’, and Jubilant are closely related. There are no promoter crossholdings.
Ajay Kaul, the CEO of Jubilant Foodworks, talks about Dunkin Donuts’ expansion plans in India and how the chain has customized its offerings for the country.