Brands
Honda Motorcycle & Scooter India revs up with 63.69 lakh units in FY2026, posts 9 per cent growth
The two-wheeler giant closes the fiscal year on a strong note, with March 2026 delivering a blockbuster 29 per cent year-on-year surge
GURUGRAM: Honda Motorcycle & Scooter India has ended FY2026 in fine fettle. The two-wheeler maker recorded total sales of 63,69,504 units in the April 2025 to March 2026 period, a 9 per cent jump over FY2025, driven by sustained customer demand, improving market sentiment and a sharp focus on strengthening its presence across key segments.
The year’s finale was nothing short of spectacular. In March 2026 alone, HMSI shifted 5,49,145 units, a blistering 29 per cent growth over March 2025. Domestic sales for the month stood at 5,12,303 units, with exports contributing a further 36,842 units.
Zoom out to the full year and the picture is equally robust. Of the 63,69,504 units sold in FY2026, domestic sales accounted for 57,49,275 units, while exports came in at 6,20,229 units. The performance reflected a balanced showing across both markets, underpinned by a strong product portfolio and HMSI’s consistent emphasis on quality, reliability and customer satisfaction.
The company, which operates across 7,000-plus touchpoints in India, also underscored its commitment to road safety, pointing to its “Safety for Everyone” vision and the deployment of technologies such as ABS, CBS and rider-assist features across its range.
Twenty-nine per cent in March. Nine per cent for the year. For Honda in India, FY2026 was a very good ride indeed.
Brands
Dunkin’ Donuts to exit India as Jubilant FoodWorks ends 15-year franchise deal
The quick service restaurant giant is ending a 15-year franchise partnership with the American doughnut chain, even as it renews its Domino’s agreement for another 15 years
NOIDA: Dunkin’ is done in India. Jubilant FoodWorks Ltd, the country’s leading quick service restaurant operator, has decided not to renew its franchise agreement with the American coffee and doughnut chain, and will wind down its Indian stores in a phased manner before December 31, 2026, bringing a 15-year partnership to a quiet, loss-laden close.
The decision, approved by JFL’s board on March 30, 2026, ends a relationship that began with a Multiple Unit Development Franchise Agreement signed on February 24, 2011. JFL will now evaluate and undertake what it described in a regulatory filing as the “rationalisation and/or cessation of certain operations and/or sale, transfer or disposal of assets and/or assignment or transfer of franchise rights,” all in consultation with Dunkin’s brand owners and strictly within the terms of the original agreement.
The numbers tell the story bluntly. In the financial year 2024-25, Dunkin’ India posted a revenue of Rs 37 crore against a loss of Rs 19 crore — a haemorrhage that was always going to test the patience of a parent company recording revenues of Rs 6,104 crore and a profit of Rs 194 crore in the same period. Doughnuts, it turns out, were never going to move the needle.
The contrast with JFL’s handling of its other marquee franchise could hardly be sharper. Even as it walks away from Dunkin’, the company has just doubled down on Domino’s, signing a fresh Master Franchise Agreement on March 31, 2026, granting it exclusive rights to develop and operate Domino’s Pizza stores in India for 15 years, with an option to renew for a further 10.
JFL, incorporated in 1995 and promoted by the Bharatia family, operates a network of more than 3,500 stores across six markets — India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia. Its portfolio includes Domino’s and Popeyes on the global side, and two home-grown brands: Hong’s Kitchen and COFFY, a café brand in Turkey.
For Dunkin’, India was always a stretch. The brand never quite cracked the cultural code in a market where filter coffee and chai command fierce loyalty and where the doughnut remains, at best, an occasional indulgence rather than a daily habit. Fifteen years, mounting losses and a parent with better things to spend its capital on was always going to be a difficult equation to solve.
The doughnut has had its last day. The pizza, however, is staying.
