Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Oct, 10 2014

Hardcastle to Invest Rs 850 Crore to add 250 McDonald's Outlets

McCafe, which was introduced in India in October 2013 is opened within a McDonald\'s outlet. At present Hardcastle operates 192 McDonald\'s outlets in west and south India.

Hardcastle Restaurants, McDonald's franchisee for West and South India is planning to invest up to Rs 850 crore to add 250 outlets within next 3-5 years.

"We will invest Rs 800-850 crore in the next three to five years to open 250 outlets in the West and South regions. This investment includes adding 175 to 200 McCafe coffee shops," Hardcastle Restaurants Vice-Chairman Amit Jatia told PTI.

McCafe, which was introduced in India in October 2013 is opened within a McDonald's outlet. At present Hardcastle operates 192 McDonald's outlets in west and south India.

"We have been evolving continuously. We have been re-imaging our outlets, adapting menu and expanding rapidly to grow in the Indian market. On the menu side, in the next 5 years we will do a lot more to bring McDonald's global products in India,” added Jatia.

When asked about the increasing competition in the burger category from players like KFC and Dunkin' Donuts, Jatia said: "McDonald's will continue to have a leadership position in the burger space. I believe that competition will only grow the western fast food segment of the market. India market is huge and there is ample space for all players."

McDonald's operations in North and East regions in India were used to be run by Connaught Plaza Restaurants through a joint venture with the US fast food chain. However, the partners are currently involved in a legal spat over management control.

Comment
Related opportunities
  • Ice creams & Yogurt Parlors
    Roll Over; a Bangalore based company which is the 1st..
    Locations looking for expansion Karnataka
    Establishment year 2005
    Franchising Launch Date 2010
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • About:Specialty Sweets like Dharwad Pedha is the essence Mishtanna Dharwad..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Resellers
    Want to be financially Independent? Want to work with convenience..
    Locations looking for expansion Gujarat
    Establishment year 2006
    Franchising Launch Date 2014
    Investment size Rs. 50 K - 2lac
    Space required Nil
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • About Us Elysium Academy -a venture of Elysium Group,is well-established and..
    Locations looking for expansion Tamil Nadu
    Establishment year 1999
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Nagapattinam Tamil Nadu
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities