McDonald’s in North & East India has been shut down. And with the closure of 84 outlets, almost half of the outlets closed down on Monday.
Vikram Bakshi, managing director of Connaught Plaza Restaurants said that,“Almost half of the outlets have been shut due to the move by logistics partner and due to supply crunch.
Connaught Plaza Restaurants, a 50:50 joint venture between Vikram Bakshi and McDonald’s ran around 160 outlets. But due to alleged non-payment of dues, the Radhakrishna Foodland, supply chain partner has hit supplies hard.
The legal fight between CPRL former managing director Vikram bakshi and the restaurant chain shutdown the McDonald’s outlets.
In a letter, December 20, Radhakrishna Foodland wrote to Connaught Plaza Restaurants Limited (CPRL), the 50:50 Joint Venture between Vikram Bakshi and McDonald’s India. The letter says that, we are discontinuing the food supply chain services due to non-payment of certain amount.