51st McDonald's in south India
Plans to invest Rs 500 crore over the next 3 years.February 24, 2012 | comments ( 0 ) |
McDonald’s India has opened its 51st restaurant in the south and its 34th restaurant in Bangalore.
Owned by Hardcastle Restaurants Pvt Ltd in west and south India, McDonald’s has plans to invest Rs 500 crore over the next three years, with almost 50 per cent of the expansion to take place in south India.
Amit Jatia, Vice-Chairman, McDonald's India (West & South), said, “McDonald’s is committed to grow in India, particularly in the south.” He also said that the restaurant chain is on the lookout for opportunities to develop the brand to suit Indian preferences and seek out newer markets in the region by connecting with consumers in a better manner and developing new products.
McDonald's has 250 restaurants in the country and 33,000 across the globe. The restaurant chain serves approximately 67.8 million customers in 118 countries each day.
- Walmart launches in-store tax refunds
- BlackBerry, Samsung deny report of $7.5 billion takeover talks
- Ferrari appoints two new dealers in India
- Alibaba purchases stake in digital marketing firm AdChina
- SsangYong unveils compact SUV Tivoli
- Synthite Group to tap Gulf market for spices and masalas
- Online jewellery shop Eristona.com unveils ‘Reigning Pearls’
- Japan's Yokohama opens YCN in Mumbai, inks deal with Balaji Wheels
- Maruti increases vehicle prices
- Hyundai sales crossed 4.1 lakh in 2014