McDonald’s planning to open 40 outlets, invest Rs 400 crore

McDonald’s has decided to invest Rs 400 crore in opening 40 new restaurants across the country in the next three years. This is part of an aggressive plan finalised by the company to step up presence in the eastern and southern parts of the country. Out of this, Rs 100 crore will be spent on opening new outlets in the eastern region alone. “We, along with our vendors and suppliers will invest Rs 400 crore over three years. The money will be spent on an aggressive move to open some 40-45 new outlets. Till date, McDonald’s, its partners and vendors together have already invested around Rs 1,000 crore in the country,” McDonalds’s India (north & east) MD Vikram Bakshi said.

Courtesy: EconomicTimes
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