Advertisement

Help
You are here: Rediff Home » India » Business » Business Headline » Report
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

McDonald's to invest Rs 4 billion in 3 years
Tushar Pawar in Nashik
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
Advertisement
December 08, 2005 03:38 IST

Global food services retail giant McDonald's is planning a major expansion in India in the next three years.

It has lined up an investment of Rs 4 billion across 100 restaurants in this time frame.

Early this week, the restaurant chain opened its 78th outlet at Nashik, spread over 3,000 sq ft at a cost of Rs 30 million, excluding real estate cost.

The chain has a presence across more than 10 cities in the country including Mumbai, Pune, Ahmedabad, Bangalore, Baroda, Nashik, Chandigarh, Delhi and Jaipur.

It has already invested Rs 7 billion in the last nine years, V A  Kulkarni, assistant manager-sales, McDonald's said.

Powered by

 Email this Article      Print this Article

© 2008 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback