date:Sep 12, 2013
ngDunkin'succeed here is a priority.
Kaul declined to give specific figures for Dunkin's performance but in a recent note, analysts at Credit Suisse said it was unlikely to break even in the next two to three years.
Jubilant's roll out of Dunkin' Donuts, which it brought to India 18 months ago, has so far been hampered by expensive real estate and fierce competition from established coffee chains such as Whitbread plc's (WTB.L) Costa Coffee and local brand Cafe Coffee Day.
Slowing economic gr