Devyani International Limited launches its 1,000th outlet

Mumbai, 30th June 2022: Devyani International Limited (DIL), the fastest growing quick-service restaurant (QSR) operator in India, today announced the milestone opening of its 1,000th outlet. The company operates restaurants across India, Nigeria and Nepal, and its newest Pizza Hut at Sion, Mumbai, is testament to DIL’s commitment to business growth across geographies.

“This is an important milestone in our aspiration of building India’s largest QSR company. From our first restaurant in 1996, today we are a strong team of 12,000 building brands across cities and countries. We are confident that we are on the path to accelerated growth driven by our flagship brands- KFC, Pizza Hut and Costa Coffee and our own brands Vaango and The Foodstreet. It took us 25 years to get to this important landmark, and we are on track to add the next 1,000 by 2026. “

Mr. Ravi Jaipuria, Non-Executive Chairman, Devyani International Limited

The company also hosted 25 specially-abled children supported by Mumbai-based Shrimati Kamla Mehta NGO at the restaurant’s opening.

“DIL has always championed a culture of equity and inclusion, and is committed to providing access to opportunities and skill development to all. Today, we operate 21 all-women restaurants and have 66 specially-abled employees with us.”

Mr. Virag Joshi, CEO, Devyani International Limited

"DIL has been a valued partner for Yum! for over 2 decades. We are delighted to join them in celebrating the significant milestone of opening their 1,000th restaurant and I extend our heartiest congratulations."

Samir Menon, Managing Director, Yum! Restaurants India

“Heartiest congratulations for reaching the 1,000th store landmark in India, which is a testament to DIL’s unwavering commitment to Yum! since the last 26 years.”

Merrill Pereyra, Managing Director, Pizza Hut Indian Subcontinent

“Heartiest congratulations to the entire team at DIL on achieving the inspiring milestone of 1,000 stores. Costa Coffee is privileged to be partnering with Devyani International and we look forward to jointly executing our ambitious & exciting growth plans in India.”

Vinay Nair, General Manager – India & Emerging Markets, Costa Coffee

About Devyani International Limited:

Devyani International Limited (DIL) is the largest franchisee of Yum Brands in India and are among the largest operators of chain quick-service restaurants (QSR) in India, on a non-exclusive basis, and operates more than 1,000 stores across more than 200 cities in India, Nigeria and Nepal, as of June 30, 2022. In addition, DIL is a franchisee for the Costa Coffee brand and stores in India. Yum! Brands Inc. operates brands such as KFC, Pizza Hut and Taco Bell brands and has presence globally with more than 53,000 restaurants in over 155 countries, as of December 31, 2021.

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