Home Retail McDonalds India MD on RAI’s governing board

    McDonalds India MD on RAI’s governing board

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    Retailers Association of India (RAI) at its recent governing board meeting inducted Vikram Bakshi, managing director, McDonalds India (North and East) into the board.

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    The new company will acquire McDonald's businesses on the Chinese mainland and Hong Kong, with CITIC and CITIC Capital holding the controlling stake in the new entity

    Also joining in were Ajit Joshi, CEO and managing director, Infiniti Retail; Rajiv Agarwal, director and CEO, The MobileStore; T Shantakumar, managing director, Kirtilal Kalidas Jewellers, and RC Agarwal, managing director, Vishal Retail.

    RAI, as it claims, works with Indian retailers for creating the environment for the growth of the modern retail industry in India.