Bigger India
Some Good News at Last For McDonald’s India
McDonald’s had terminated its joint venture with CPRL last year in August, but the Indian venture is operating even as a legal spat between the two continues.
After months of slump because of a bitter legal battle, quick service restaurant chain McDonald’s India (MIPL)’s north & east business, operated by estranged managing director Vikram Bakshi-led Connaught Plaza Restaurants (CPRL), has reported a 6% increase in March 2018, compared with March 2017, according to internal numbers by CPRL, a person directly aware of the development said.