Devyani International has extended partnership with Costa Coffee. The company has entered into a revised development agreement for its existing Costa business on August 14, 2021, pursuant to which DIL has been granted development rights for PAN India in a phased manner. 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.
Devyani International is the largest franchisee of Yum Brands in India and is among the largest chain operators of quick service restaurants (QSR) in India on a non-exclusive basis.
