NEWS| McDonalds to spend Rs 400-500 crore to open 120 outlets

McDonalds, leading Fast-food chain, intends to spend about Rs 400-500 crore over the coming three-years with the aim to establish 120 restaurants.

US-based McDonalds has decided to open 40 outlets annually through its two equal joint ventures in the country - Connaught Plaza Restaurant Pvt. Ltd and Hardcastle Restaurants Pvt. Ltd.

At present, the fast-food chain operates a total of 170 quick service restaurants (QSR) in India.





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