Brands
Valentine’s Day is evolving, not fading, in India: Hansa study
Study finds strong spending intent as romance expands beyond couples
NATIONAL: Valentine’s Day is not losing relevance in India but being redefined, according to a new consumer study by Hansa Research Group, which finds the occasion growing broader, more inclusive and commercially resilient in 2026.
The survey shows Valentine’s Day engagement is now driven largely by financially independent adults, with more than 64 per cent of respondents aged between 26 and 35. Nearly 59 per cent described the occasion as “very relevant” today, while another 18 per cent called it “somewhat relevant”, taking overall relevance to more than 76 per cent. Only 6 per cent said it was not relevant at all.
Interest levels are also rising. About 62 per cent of respondents said their interest in Valentine’s Day has increased compared with three to five years ago, while 26 per cent reported no change. Just 8 per cent said their interest had declined.
Romantic love remains central, with 56 per cent associating Valentine’s Day primarily with romance. However, the meaning of the occasion is widening. About 46 per cent now see it as a celebration of all relationships, while 40 per cent link it to self-love and self-care. At the same time, 27 per cent openly acknowledge it as a brand-driven commercial event and 16 per cent see it as a social media moment.
The study points to strong spending intent. Around 71 per cent of consumers plan to spend this Valentine’s Day, with another 18 per cent saying they may do so. Only 11 per cent do not expect to spend at all.
Budgets suggest cautious indulgence. One-third expect to spend between Rs 1,000 and Rs 3,000, while 18 per cent plan to spend Rs 3,000–Rs 5,000. A further 15 per cent anticipate spending more than Rs 5,000, indicating steady premiumisation. Flowers, dining out and chocolates remain top choices, but fashion, experiences such as travel or cinema, and beauty and grooming are gaining ground. A quarter of respondents are open to digital gifts and subscriptions.
Brand visibility during the period is high. Nearly 57 per cent of respondents noticed many Valentine’s Day campaigns, while 28 per cent noticed a few. More than half said these campaigns strongly influence purchase decisions, and 31 per cent said they influence them sometimes.
Hansa Research Group chief executive Praveen Nijhara, said Valentine’s Day had become a moment defined by urgency, convenience and cultural relevance. He said fear-of-missing-out messaging, instant delivery, app-based offers and contemporary dating language were driving purchase behaviour.
Consumers, however, are increasingly selective. While 58 per cent feel campaigns are more inclusive and 22 per cent see them as more digital-first, many reject excessive gifting pressure, over-romanticised clichés and gender stereotypes as outdated.
Looking ahead, 58 per cent believe brands should continue investing heavily in Valentine’s Day, while 27 per cent want continued investment with a new approach focused on inclusive narratives, experience-led celebrations and subtle storytelling.
The study also highlights the growing mainstream awareness of modern dating concepts. Nearly half of respondents are familiar with the term “situationship”, and many identify with non-traditional or time-bound relationships. About 69 per cent find the idea of a predefined “sunset clause” in relationships relatable, pointing to a shift towards emotional realism in India’s dating culture.
Brands
Jubilant Foodworks to end Dunkin’ franchise in India
Pizza chain operator will not renew agreement when it expires at end of 2026.
MUMBAI: When the doughnuts stop turning and the coffee goes cold, even a global giant like Dunkin’ can find the Indian market a tough brew to crack. Jubilant Foodworks has decided not to renew its franchise agreement with Dunkin’ when the pact expires on 31 December 2026, according to a Reuters report. The operator, best known for running Domino’s outlets in India, said it would evaluate options for its existing Dunkin’ stores, including a potential sale or transfer of franchise rights, in consultation with the US-based brand.
The decision follows years of underperformance in a market where local tastes and intense competition have made it difficult for international coffee-and-doughnut formats to gain traction. Jubilant, which has increasingly focused on its core pizza business and newer bets like Popeyes, indicated that the exit would not materially affect its financial or operational position.
Dunkin’ accounted for just 0.61 per cent of Jubilant’s revenue in the fiscal year ending 2025 and recorded a loss of approximately Rs 191 million, according to a regulatory filing. The company operated 27 outlets as of December 2025, having shuttered seven stores over the preceding year.
The retreat comes even as Jubilant’s broader business shows signs of momentum. The company reported a 65 per cent rise in quarterly profit for the October to December period, reaching Rs 70.9 crore, up from Rs 42.91 crore a year earlier.
For Jubilant, the exit reflects a sharpening strategic focus. For Dunkin’, it marks another setback in a market that has proven resistant to imported café concepts without significant localisation.
In the cut-throat world of Indian quick-service restaurants, sometimes the sweetest deals are the ones you quietly walk away from leaving more room for the brands that truly rise to the occasion.
