MCDONALD’S India was incorporated as a wholly owned subsidiary,
McDonald’s India Pvt.Ltd. (MIPL),in 1993.
In April 1995,
MIPL entered into two 50:50 joint ventures:
with Connaught Plaza Restaurants Private Limited (Mr.Vikram Bakshi) to own and operate outlets in the northern and eastern zones,
and with Hardcastle Restaurants Private Limited (Mr.Amit Jatia) to own and operate outlets in the western and southern zones.