McDonald's India

In its endeavour of driving change and making a positive impact in the local communities, McDonald's India - North and East is planning to hire 50 per cent of its workforce by 2025 through NGO

Quick service restaurant McDonald's India (North and East) on Monday said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year, its top official said on Monday. It rolled out its largest restaurant in India at Guwahati, spread across 6,700 sq ft with a capacity to feed 220 people at a time, on Monday as part of its expansion exercise. Speaking to PTI, McDonald's India (North and East) Managing Director Rajeev Ranjan said the company is on a rapid growth path and looking to expand its network across the states under it. "All issues and problems are behind us and we are focussed on growing our business," he said while replying to a query if the legal matters with the erstwhile McDonald's partner has been settled. In 2020, the US fast food chain selected MMG Group Chairman Sanjeev Agrawal as its new partner to operate outlets in north and east India following buyout of 50 per cent stake from the estranged ..

The company is looking for an almost three-fold jump in sales, between Rs 4,000 crore and Rs 4,500 crore, in the next five years by 2027

According to economists, inflation is likely to ease by October as the monsoons have been progressing well with the cumulative rainfall being 9 per cent above the long-term average up to July 12

This new restaurant, operated by Westlife Development, McDonald's India's franchise partner, is located in the vicinity of the Statue of Unity

Value players, or those catering to price sensitive customers, may see growth and profitability concerns, they said

Quick service restaurant McDonald's India (West and South) on Thursday said it will now also display Allergen & Nutritional information for the entire menu of in-store and on McDelivery app to enable customers to make the right food choices. McDonald's India (West and South) has also eliminated artificial colours, artificial preservatives and artificial flavouring from select food items, said a statement issued by the Quick service restaurant (QSR) chain on World Health Day. "McDonald's believes that consumers should have easy access to nutritional information to help them make informed food choices. Consumers today have not only become conscious of what their food contains but also about what it doesn't contain. "Hence, to bolster the trust of consumers in the brand, McDonald's is creating more awareness about the components of its food by highlighting its progressive movement towards Clean Labels," said a statement. Products like McSpicy Fried Chicken, Chicken Nuggets, Veg ...

Westlife Development Ltd owns Hardcastle Restaurants, the master franchisee of McDonald's restaurants for West and South India

QSR to expand its ever-hungry 'foodprint' by doubling outlets, increasing average unit volume by 40% in 5 years

Westlife Development, which operates McDonald's restaurants in southern and western region in India, plans to invest Rs 100 crore to open up to 30 outlets in the current financial year

This was helped by higher income

Westlife Development operates McDonald's restaurants in southern and western region in India

The company's US-listed shares slipped 4.3% to $57.51.

Margins could improve further on operating leverage and cost optimisation

Margins could improve further on operating leverage and cost optimisation

A stock market debut sets up a clash between US rivals as listed peers in India

Stock at Rs 138 verus issue price of Rs 60, was locked in upper circuit for some part of the day, with only buyers and no sellers

Proceeds will be used to roll out new outlets, retire debt; Issuer to have market cap of Rs 2,290 cr at upper end of price band

The pandemic prompted widespread changes in how restaurants conduct business, with many relying more on drive-thru, carry-out and delivery

Dine in go ahead in Maharashtra, cost optimisation to help improve show in Q3