Global food services retail giant McDonald's is planning a major expansion in India in the next three years.
It has lined up an investment of Rs 4 billion across 100 restaurants in this time frame.
Early this week, the restaurant chain opened its 78th outlet at Nashik, spread over 3,000 sq ft at a cost of Rs 30 million, excluding real estate cost.
The chain has a presence across more than 10 cities in the country including Mumbai, Pune, Ahmedabad, Bangalore, Baroda, Nashik, Chandigarh, Delhi and Jaipur.
It has already invested Rs 7 billion in the last nine years, V A Kulkarni, assistant manager-sales, McDonald's said.
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