Good news is ringing for all the McDonald’s fans in India!
After fighting a legal battle for nearly 6 years McDonald’s and Indian franchise partner Vikram Bakshi chose to settle the matter out of court coming to a mutual agreement of McDonald’s acquiring full ownership in their joint venture Connaught Plaza Restaurants Ltd.
In order to revamp the quality of the food being served at the restaurant and proving employees with clarity regarding their future McDonald’s decided to temporarily shut it’s 165 outlets across North and East India for a period of 2 weeks.
The US fast food chain was involved in a long-standing legal battle with Mr Bakshi, claiming his company, which operated outlets of the chain in north and east India, breached the terms of their franchise agreements.
Robert Hunghanfoo who is appointed as the head of Connaught Plaza in after Bakshi’s exit said, “Our top priority is to deliver the highest quality restaurant experience to our customers. We will be working around the clock during this process and anticipate our restaurants will start to progressively open over the next two weeks or so. While we are confident this will result in the best possible experience for our customers, we sincerely regret any inconvenience the temporary restaurant closures may cause.”
Also if reports are to be believed Bakshi is all geared up for his second innings in the industry by joining hands with Wendy’s who at present has less than 10 outlets in India.
