'We believe in a solid global partnership, talks underway', Haldiram confirms

The Haldiram Group, one of India’s largest ethnic food services companies, is likely to bring US-based sandwich chain Jimmy John’s to India through an exclusive franchise partnership with Inspire Brands, as confirmed by Kuhikaa Vaishnavee Arora, spokesperson for Haldiram’s.“Haldiram’s has been built on the planks of customer centricity and a growth mindset. Since 1937, we’ve embodied the ‘young and hungry’ attitude, and with the support of our consumers and partners, we continue to make forays into nourishing India and the world. At this stage, we’re in explorations with Inspire Group about supporting their Sourcing & Fulfilment Value Chains with our extensive international culinary supply ecosystem, especially as they continue to expand their global footprint. We believe this is the foundation of a solid partnership, but at this stage, all other forays are purely conjectural,” said the spokesperson, Haldiram’s.
As Newsinc24 mentioned earlier, Haldiram’s is in discussions with Inspire Brands, the US-based restaurant group that owns Jimmy John’s, to introduce the sandwich chain to India. The move was seen as part of Haldiram’s broader effort to tap into India’s expanding western-style quick service restaurant (QSR) market and to compete with global chains like Subway and Tim Hortons. The spokesperson has now confirmed this latest update, emphasizing that talks with Inspire Group are underway, though still exploratory in nature.Jimmy John’s, known for its freshly made sandwiches and massive US presence with over 2,600 outlets and $2.6 billion in annual sales, could find strong growth potential in India’s thriving QSR space. Haldiram’s, which already operates more than 150 restaurants across the country, recently merged its FMCG divisions to fuel expansion, backed by investors such as Temasek and Alpha Wave Global.
Inspire Brands, the parent company of Dunkin’, Baskin-Robbins, and Arby’s, recorded $32.6 billion in global sales last year. A potential collaboration with Haldiram’s—leveraging the latter’s local expertise and robust culinary supply network—could create a strong platform for the brand’s India debut.Meanwhile,India’s food services market continues to expand rapidly and is projected to reach Rs7.76 lakh crore by FY28, driven by rising disposable incomes and growing urban demand for casual dining. If formalized, this collaboration could mark another milestone in the globalization of India’s dining culture, blending international flavors with local business strength.