McDonald’s India grew over threefold in last 5-yrs to cross $200M sales; a peek at its two franchisees
McDonald’s, the world’s largest fast food retail chain by revenues and the second largest by the number of stores behind Subway, has had a heady growth in India even as the Indian economy slowed down over the last few years.
So much so that the burger chain has seen the revenues from the country grow at a compounded annual growth rate of around 28.5 per cent over the past six years. In the last five years alone (FY08-FY13) its revenues have shot up over threefold to around Rs 1,300 crore for the year ended March 31, 2013, based on revenue...
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