McDonald's India is a 50:50 joint venture between the McDonald's Corporation and Connaught Plaza Restaurants headed by Bakshi. The new outlet is a 200-seater restaurant. Speaking about the restaurant at Park Street, which was closed after a blast in 2007, Bakshi said, "Nearly 5,000 people thronged that outlet every day. The accident had raised concerns in the global McDonald's family. We are reopening it before the festive season.”
The company also aimed to acquire sites in Durgapur, Asansol, Darjeeling and Siliguri, he added.