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McDonald’s supersizes its north and east India bet to $80 million, even as rising costs squeeze profit

viaeconomictimes.indiatimes.com2d ago
McDonald’s supersizes its north and east India bet to $80 million, even as rising costs squeeze profit
McDonald’s India is increasing its investment to approximately $80 million for growth and digitisation over the next two years. The rise in competition from KFC and Burger King prompts this expansion effort. Despite the challenging environment due to inflation, the company aims for profitability…

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