Are you a Burger lover? Especially the lover of McDonald’s Burger? Then dear lovers here is a bad news for you as McDonald’s will be shutting down 169 outlets spread across North and East India. owing to the termination of the franchise agreement between its India arm McDonald’s India Private Ltd (MIPL) and Vikram Bakshi-headed Connaught Plaza Restaurants Ltd (CPRL).
43 of the 55 McDonald’s outlets in Delhi shut shop on June 29th already over the license issue. At present, McDonald’s runs close to 430 outlets across the country out of which CPRL manages the outlets come in between the northern and the eastern belt. Hardcastle Restaurants is the company franchise for McDonald’s in the Southern and the Western region.
McDonald’s India is currently looking for a new partner to grow its business in the Northern and the Eastern belt. However, nothing is final now and how long the process will take is also unknown. So if you really love Mc Donald’s burger then it will be going as a hard period for you. As for now, the shutdown has stirred a wave of anxiety and resentment among McD lovers and loyalists.