Dunkin' Donuts (DD) has entered into the South India market with its launch in Bengaluru today. Dunkin' Donuts launched in Bengaluru with a swanky new restaurant at the Mota Royal Arcade, ground floor on Brigade Road right in the heart of the city.
Ajay Kaul, CEO Jubilant Foodworks said, "After making an excellent connect with the young adult consumers in Delhi and Mumbai we are excited to start our south journey with our Bengaluru launch. Today, we open our 36th restaurant in India, we plan to steadily expand in through the year across North, West and South India. With the evolution of the young adult Indian consumer, we feel very confident that Dunkin' Donuts will resonate very strongly with its unique positioning in the Indian food service industry."
Shares of the company gained Rs 27.25, or 2.07%, to trade at Rs 1,346.60. The total volume of shares traded was 14,367 at the BSE (12.12 p.m., Thursday).