Tuesday, February 12, 2008

Mcdonald`S To Commission Rs 100 Cr Unit In North

New Delhi/ Chandigarh: McDonald''s India will be opening a food processing plant in the northern region. The proposed plant is likely to be set up either in Punjab or Haryana with an investment of Rs 100 crore. Additonally, it has plans to set up a distribution centre in this region in addition to Delhi, Mumbai, Kolkata and Banglore.

Further, to fuel its growth rate of 40 per cent, McDonald''s India and its suppliers will be investing Rs 400 crore in the next three years. The organisation plans to open 40 restaurants and create about 1,800 jobs by the end of this year. McDonald''s India in the north alone contributes approximately Rs 30.7 crore per annum as sales tax to different state governments.

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