McDonald's plans to add 60 restaurants annually

With an aim to clock 30-35 per growth per annum, the US fast food chain McDonald's plans to open around 60 more restaurants across the country annually and pump in Rs 400 crore in the next three years.To tap this potential the fast food major plans to open 40-60 outlets each year nationally and also intends to invest Rs 400 crore over the next three years.
McDonald's has 160 restaurants in India. McDonald's restaurants in India were being operated by two 50:50 joint ventures, one between McDonald's and Connaught Plaza and the other between McDonald's and Hard Castle Restaurants Private.Out of Rs 400 crore earmarked for national expansion, Rs 100 crore would be spent for the eastern region.