McDonald's India: McDonald’s to shut down 169 outlets in India - News Summed Up

McDonald's India: McDonald’s to shut down 169 outlets in India


CPRL is a 23-year-old 50:50 joint venture (JV) between Vikram Bakshi and McDonald's India This means CPRL, which runs McDonald's operations in north and east India, including Delhi, will not be able to use the chain's logo, branding, trademarks and recipes within 15 days of receiving the termination notice. "Each McDonald's outlet employs around 40-60 workers depending on its size," said a senior McDonald's executive, who did not wish to be quoted. "McDonald's operates a total of around 430 outlets in India through CPRL and Hardcastle Restaurants, the company's franchise in the south and west. "We understand that this action brings uncertainty for many," McDonald's India said in an email. In June, arounddown due to CPRL failing to get mandatory health licences for the outlets.


Source: Times of India August 21, 2017 23:22 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */