McDonald's India has announced it will close nearly 170 McDonald's outlets in northern and eastern India after the American fast food giant decided to terminate a franchise agreement with its Indian partner.
McDonald's said its partner Connaught Plaza Restaurants violated the terms of the franchise agreement, including reneging on payment of royalties.
Connaught Plaza Restaurants, which runs 169 McDonald's outlets in northern and eastern India, said Tuesday it is considering legal action in the long-drawn legal battle. In June, it shut 43 McDonald's outlets in the capital, New Delhi.
McDonald's said it is looking for a new partner to work with in north India. McDonald's franchises in southern and western India are run by a separate company.
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.