HYDERABAD: McDonald’s, the multinational fast-food giant, has signed a significant agreement with the Telangana government to establish its India Global Office in Hyderabad. As part of its expansion plans, McDonald’s India will launch this office, which is expected to provide employment opportunities for 2,000 professionals.
Chief Minister A. Revanth Reddy met McDonald’s Chairman and CEO Chris Kempczinski, along with company representatives, at the Assembly chamber on Wednesday morning. During the discussions, McDonald’s finalized its investment agreement with the state government to set up its global office in Hyderabad.
The meeting was attended by Chief Secretary Santhi Kumari, Special Chief Secretary of Industries Jayesh Ranjan, and CM’s Special Secretary Ajit Reddy. McDonald’s delegation included CEO Chris Kempczinski, President of Global Business Services Skye Anderson, Chief Global Impact Officer Jon Banner, and Global India Head Deshant Kaila.
Expressing his satisfaction over McDonald’s decision to establish its global office in Hyderabad, Chief Minister Revanth Reddy stated that Telangana was chosen despite competition from other states. He emphasized that this reflects Telangana’s growing reputation as a preferred investment destination. The state government has assured McDonald’s of full support to facilitate a smooth setup and expansion.
The Chief Minister also highlighted Telangana’s initiatives in skill development over the past 15 months. He recommended that McDonald’s utilize the services of Young India Skills University to recruit and train skilled employees. He further suggested that trained individuals from the university be placed in McDonald’s global offices and outlets across India and abroad.
Revanth Reddy urged McDonald’s to source agricultural products locally to support Telangana’s farmers. He expressed confidence that such a move would enhance farmers’ income and contribute to the state’s agricultural economy.
McDonald’s CEO Chris Kempczinski acknowledged Hyderabad’s advantages over cities like Bengaluru, citing its skilled workforce, superior infrastructure, and high quality of life as key reasons for selecting the city as the location for the India Global Office.
He also discussed McDonald’s global community development initiatives and expressed interest in implementing similar programs in Telangana with government collaboration.
Currently, Telangana has 38 McDonald’s outlets, with plans to expand by adding three to four new outlets annually. The establishment of the India Global Office is expected to generate direct and indirect employment opportunities for local youth.
