Mumbai, June 19: Mcdonalds India Ltd has announced investment plans to the tune of Rs 350 crore by 2003, even as it entered into a strategic alliance with Bharat Petroleum Corporation Ltd (BPCL) to set up restaurants at the latter's petrol stations in and around Delhi."The drive-through restaurant is an overseas concept, which we have decided to implement at BPCL petrol outlets on the Delhi-Agra highway with an initial investment of more than Rs 4 crore," Mcdonalds Delhi, managing director Vikram Bakshi said. The agreement includes the payment of a fixed amount to BPCL along with 2.5 per cent of the monthly sales, Bakshi said. "BPCL has already provided a building to us in the vicinity of their petrol outlets. We will utilise our investment in the internal development of the restaurant and will also maintain park nearby", he explained.
The food-chain plans to open more such drive-through outlets in Delhi if the highway experiment is a success, Bakshi said.
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