Is Health License The Only Reason Behind The Hutting Of 43 Mcdonald Outlets?



Nirmal Singh lotus green

Thursday newspaper came with a shock to the north Indians with the news about its favourite fast food chain shutting down 43 out of its 53 outlets. The news came out after some disagreements in CPRL i.e. the Connaught Plaza Restaurants, the joint venture of the US- headquarters McDonald’s and Vikram Bakshi that operates the fast food chain in north and east India. CPRL currently operates 168 restaurants, its former managing director said that it is really unfortunate that operations of 43 restaurants had to be suspended.

According to Nirmal Singh Lotus Greens’ sources, the closing is done due to the failure to get the mandatory regulatory health licenses renewed because of the rift between Bakshi and McDonald’s. This step has left around 1,700 employees jobless.

McDonald’s currently has more than 400 franchises across 65 Indian cities and the countries escalating middle class has been a huge hand in the growth and success of the franchise in the country and would prove beneficial for the growth in Asia.

Bakshi has been in a debate with McDonald’s since August 2013. The two have been in a protracted legal fight and the latter has been pursuing arbitration in the London Court of International Arbitration. There has been no fights with Westlife Development Ltd, master rights owner for the West and South India operations of McDonald’s which runs total 242 restaurants.

The revenue growth of CPRL fell drastically in the year 2014-2015. After the issue, Bakshi would no longer remain the managing director of the venture. Sources at Nirmal Singh Lotus Green said that Bakshi claims that he is being framed in the scenario and all the efforts to remove him from his position are most probably because of his objective to buy the company stakes at a cheaper price.

The sudden shutting down of the venture has unsettled a lot of people who are a regular visitor at the McDonalds. There are still a lot of unanswered questions for them, and has raised a doubt in the minds of all of them regarding the quality of the food being served at the fast food outlets.

McDonald’s is a very popular option for the young generation, especially the ones living away from home. They offer quick delivery and have outlets at reasonable distances which makes them the safest option for them when they are hungry and cannot order expensive food. But this temporary shut-down has left them with no choice but to hop on to some other option.
Location: New Delhi, Delhi, India

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