Today, India’s largest franchisee of Yum Brands and among the largest operators of chain quick service restaurants, Devyani International Limited announced the extension of its partnership with Costa Coffee.
On August 14, 2021, DIL entered into a revised development agreement for its existing Costa business. Also, the company has been given the rights for PAN India in a phased manner.
In a statement, DIL said, “This agreement has initially granted development rights for a period of 5 years and extendable from time to time subject to meeting of development and contractual obligations.”