McDonald’s is set to open up to 30 new restaurants in the Southern and Western parts of India this year.
Hardcastle Restaurants Private Ltd, which owns McDoanld’s regional franchise rights for India, is reported to have stated that it will invest $111 million in India over the next three to four years.
With this investment Hardcastle Restaurants Private Ltd is aiming to have 250 McDonald’s restaurants operating in the Southern and Western regions, an increase from its current 106 locations.
Published: 21 March 2011
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