CPRL To Double McDonald's Stores To 600 By 2030

30 Apr 2025 CW Team

Connaught Plaza Restaurants (CPRL), the master franchiser for McDonald's in north and east India, plans to invest up to Rs 12.8 billion over the next three to four years to expand its network. The store count will rise from 245 to 300 by end-2025 and reach 500 to 600 outlets by 2030, according to Vice Chairman Anant Agarwal.

CPRL, part of the $ 1.2 billion MMG Group, is also expanding McCafe, McDonald’s in-store cafe brand, from 125 to 200 outlets by the end of this year. The company focuses on modernising stores into the Experience of the Future format and entering Tier III and smaller cities with smaller-format outlets, ranging from 1,800 to 2,000 square feet.

Despite past challenges, CPRL is optimistic about penetrating new markets like Gangtok, Siliguri, and Guwahati, seeing robust demand from these regions. Tier II and Tier III cities are major focus areas, with demand often surpassing that of larger cities.

Currently, dine-in contributes 65 per cent of sales and delivery 35 per cent. CPRL aims to integrate McCafe across all future outlets as part of its growth strategy.

Source: Press Trust of India

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..