The food industry in India has been booming in the recent times, owing to the rising disposable income of the middle class. The Indian restaurant market was valued at Rs 20,400 crore in 2016 and is expected to grow to Rs 51,000 crore by 2021…READ MORE
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Private equity interest in the Indian restaurant and quick service restaurant (QSR) sector is showing signs of revival after a two-year lull, four PE and M&A (merger and acquisition) deals concluded in December indicate…READ MORE
KEEP READINGIndia’s quick service restaurant (QSR) business was floundering after body blows from demonetisation, the ban on liquor sales on highways and the introduction of the goods and services tax (GST)…READ MORE
KEEP READINGStocks of the three listed restaurant companies in India touched 52-week highs in August, gaining more than half a billion dollars in the past 3 months…READ MORE
KEEP READINGRohit Malhotra got his projections wrong. And he is candid about it. The business head of Barcelos India, a South African casual dining restaurant chain that entered the country in early 2015, had prepared three different profit and loss projections. It’s a norm Barcelos follows before debuting in any country…READ MORE
KEEP READINGCity-based Neapolitan Pizza, one of Gujarat’s first ‘Quick serve restaurant (QSR)’ on Tuesday announced that it has introduced a small outlet model to attract and engage more and more young entrepreneurs in the QSR segment…READ MORE
KEEP READINGFood service brands such as McDonald’s, Domino’s, Pizza Hut and KFC may be grappling with a discretionary slowdown, but these chains have been responsible for pushing growth in the domestic organised restaurant market, a just-released report by financial services firm Avendus Capital says…READ MORE
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