Mint Explainer: Why are KFC and Pizza Hut franchisees Devyani and Sapphire coming together?

As KFC and Pizza Hut struggle with slowing sales and thinning margins, franchisees Devyani International and Sapphire Foods are merging. What’s driving the deal, how will they benefit, and what does it mean for India’s QSR market?

Mint Explainer: Why are KFC and Pizza Hut franchisees Devyani and Sapphire coming together?
As KFC and Pizza Hut struggle with slowing sales and thinning margins, franchisees Devyani International and Sapphire Foods are merging. What’s driving the deal, how will they benefit, and what does it mean for India’s QSR market?

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