The Indian restaurant sector plays a crucial role in the economy, driving job creation and national revenue. The National Restaurant Association of India (NRAI) anticipates that with the government granting ‘industry’ status and providing input tax credit on GST, the sector could create 1.5 crore jobs by 2028, up from...
India’s cloud kitchen market is transforming the food industry, projected to grow at a CAGR of 24% to reach US$ 1.9 billion by FY26. These delivery-only kitchens offer a cost-effective, scalable model by eliminating dine-in expenses and optimizing shared resources. However, competition from QSRs, reliance on third-party platforms, and operational...
Dine-out restaurants have reason for cheer as Maharashtra allows reopening and New Delhi announces easing of restrictions. But despite progressive lifting of lockdowns, business for restaurants has remained a fraction of pre-COVID levels. Moreover, deliveries are expected to dominate and restaurants may be driven towards more healthier and immunity building...
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