A report produced by Research and Markets say that Indian fast food market is expected to grow at a CAGR of 18 per cent by 2020 due to changing consumer behavior and demography.
The foodservice industry is poised to outpace the economy for the 12th consecutive year with sales expected to reach $632 billion, a 3.5 per cent increase over 2011, according to the National Restaurant Association.
In an exclusive interview with Restaurant India, Vineet Wadhwa, Chairman & Managing Director at FIO Country Kitchen & Bar is looking forward to franchise pan India.
In an exclusive interview with Restaurant India, Chef Akmal Anuar, Co-Founder & Chef, 3 Fils Restaurant shares that experience is anything unique plus incredible.
When one looks at opening a restaurant especially in a diverse market like India they need to get their training right, SOPs right, get a lot of technical people on board to be able to assist them and set up systems, it comes with huge cost.
Things have changed over the period of time, now people are smart and convenience friendly. They know what they want and they do not want to compromise because they have options.
McDonald's India had filed a petition with NCLAT on August 23, challenging NCLT order that had reinstated Bakshi as the MD of Connaught Plaza Restaurants Pvt Ltd (CPRL).