Tuesday, October 16, 2007

McDonald’s reaches airports & railways

New Delhi: Quick service restaurant chain McDonald’s India said on 15 October it would pump in Rs300 crore in next three years to fund its expansion plan that includes extending its services to airports, railway stations and highways.
“We are aiming to triple the number of our outlets in next three to five years, while invest Rs300 crore by 2010 for setting up new outlets and expanding the back-end supply chain,” McDonald’s India Joint Venture and managing director Vikram Bakshi said.
As a part of its strategy to extend the reach to airports, railways and highways, McDonalds has opened a restaurant at the terminal 1A of the domestic airport of Delhi.
He said the focus initially would be the airports at the metro cities including Delhi, Mumbai, Kolkata and Chennai.“But the plan will depend on the approval of the Airport Authority of India,” he added.
16/10/07 PTI/Livemint
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