KFC India sells 61 South India outlets to Devyani International, deepening Yum!'s asset-light pivot
Yum! Brands is offloading 61 company-operated KFC restaurants in Karnataka, Andhra Pradesh and Telangana to RJ Corp's Devyani International, the second such divestment after a 13-store deal. Post-transaction, under 10% of KFC India's 400 outlets remain company-run, mirroring Yum!'s 98% globally franchised model.
KFC India is selling 61 company-owned restaurants in Karnataka, AP and Telangana to Devyani International, extending Yum!'s global asset-light franchise strategy. Post-deal, under 10% of KFC India's 400 outlets remain company-operated; DIL becomes an even larger Yum franchisee.
Why this matters
Extends Yum!'s India asset-light pivot, following a prior 13-store sale to Devyani. Concentrates KFC India operations under RJ Corp, reinforcing Devyani's role as the dominant master franchisee.
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