The festive period wraps are offered ala-carte and in meals at select McDonald's outlets in the North and East regions, as well as through delivery partners, takeout, and drive-thru.
The chain plans to open 50 outlets (20 in south India & 30 in the North and central India) by the end of FY 23, and a revenue projection of INR 150 Cr in FY23.
The partnership between the Montana group and KHPL signifies a commitment to revitalize and relaunch this brand in the Indian market, the company release said.
Estimated later this year, P.F. Chang's expansion will also reach Mumbai with the opening of an all-new bistro location operated by GIPL and Delhi National Capital Region in 2024.
J.P. Morgan is serving as financial advisor and Sullivan & Cromwell LLP is serving as legal counsel to Subway. Timing is subject to regulatory approvals and customary closing conditions.