McDonald’s India plans to add at least 150 restaurants over the next five years with an investment of around Rs 500 crore, said Amit Jatia, managing director McDonald’s India (west and south) at a press conference in Mumbai recently.
McDonald’s India, a wholly owned subsidiary of McDonald’s International, has two joint ventures, one with Hardcastle Restaurants Pvt Ltd and the other with Vikram Bakshi’s Connaught Plaza Restaurants Pvt Ltd for north and east India. Jatia is also the managing director of Hardcastle Restaurants.
Source: Live Mint
