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Restaurants are operating in an increasingly tough environment

India Food Forum - 2023 > FOOD SERVICE > Restaurants are operating in an increasingly tough environment

Restaurants are operating in an increasingly tough environment

August 22, 2016 | indiafood forum | FOOD SERVICE

According to the NRAI India Food Services Report launched last month, the food services market in the country stands at Rs 3,09,110 crore, and is estimated to grow to close to Rs 5,00,000 crore by 2021, at a compounded annual rate of 10 per cent. This growth, fuelled by a young and upwardly mobile middle class ostensibly hungry for new eating-out adventures, is the stuff most restaurateuring dreams are made of…READ MORE