Hardcastle Restaurants, the master franchisee of McDonald’s in west and south India, has announced a growth in revenue despite macro-level changes that had dragged its bottom line into the red a year ago. While consumer sentiment has improved in the past few quarters, its Managing Director Smita Jatia says the firm is prepared to battle higher inflation and face anti-profiteering authorities. Every year, the company plans to open 30 restaurants and their target is to have 450 outlets by 2022 from 280 now. All the restaurants will have a McCafe zone in next two years. Signage companies engaging in in-store branding and graphics projects will get fresh business opportunity with Hardcastle’s plan to adds new outlets in the country by 2022.
McDonald’s to expand with new outlets in south and west India by 2022
