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    McDonald’s India to add 150 restaurants

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    ’s India plans to add at least 150 restaurants over the next five years with an investment of around Rs 500 crore, said Amit Jatia, managing director ’s India (west and south) at a press conference in Mumbai recently.

    McDonald’s India, a wholly owned subsidiary of McDonald’s International, has two joint ventures, one with and the other with ’s Connaught Plaza Restaurants Pvt Ltd for north and east India. Jatia is also the managing director of Hardcastle Restaurants.

    Source: Live Mint