http://profit.ndtv.com/News/Article/mcdonald-s-india-to-double-outlets-in-3-years-jatia-294655
Fast food chain McDonald’s India on Friday said it plans to double its outlets to 500 over the next three years with an investment of Rs 1,000 crore.
The American fast food chain McDonald’s is being operated in the country by two franchisees – the Hardcastle Restaurant promoted by Amit Jatia runs the chains in the West and South and Vikram Bakshi-led Connaught Plaza Restaurants runs the outlets in the North and East. Together these two franchisees run 250 McDonald’s in the country now.
“We have about 250 McDonald’s outlets now and we will double the numer in the next three years. Hardcastle runs about 130 restaurants and we will take it to 250 outlets in the next three years with an investment of Rs 500 crore,” McDonald’s India (West & South) vice-chairman Amit Jatia said.