CORPORATE
In expansion drive, CPRL to double McDonald’s outlets to 600 by 2030
- IBJ Bureau
- Apr 28, 2025
Connaught Plaza Restaurants (CPRL), the master franchiser for McDonald’s restaurants in India for north and east regions, has plans to invest up to $150 million (Rs 1,280.7 crore) in the next three to four years for expansion of network of its quick service restaurant (QSR) outlets, a top company executive has said.
CPRL has plans to take the store count to 300 by the end of this year from its existing 245 and then double it in the next three to four years from there as a part of its aggressive expansion plans, MMG Group and CPRL Vice-Chairman Anant Agarwal has said.
Besides, CPRL, a part of the $1.2-billion MMG Group, is also expanding McCafe, the in-restaurant cafe brand of McDonald’s, from its 125 outlets currently to 200 by the end of this year.
The group, which had acquired CPRL in 2020 following a bitter tussle between the Chicago-based QSR major and its former Indian partner, is modernising the existing stores and upgrading them to the EOTF (experience of the future) format. It also plans to tap into the opportunities from the small emerging tier-III and below-cluster places, with smaller-format stores, Mr Agarwal.
“We have very aggressive plans for the growth as the north and the east regions are very under-penetrated,” Mr Agarwal told the PTI.
Report By
View Reporter News