This growth in the F&B sector will not only cater to the increasing number of visitors but also enhance the overall appeal of Jaipur as a vibrant and dynamic tourist destination.
Restaurants in India should actively participate in government subsidy schemes as these can significantly reduce operating costs by lowering expenses on essential items like ingredients and utilities.
The emergence of home chefs as formidable competitors to traditional restaurants marks a pivotal evolution in the dining industry, showcasing a strategic shift towards low-budget investment with potentially high returns.
A recent Nielsen study revealed that 73% of Gen Z respondents consider sustainability when making purchasing decisions, and 69% are willing to pay more for ethically sourced products.
Local, seasonal menus always attract customers' as it is believed that local, seasonal ingredients have a lower carbon footprint, as they require less fuel and energy to transport and store.
With the rise of digital platforms and social media, advertising has become more accessible and widespread. However, this raises the question of whether there should be a regularisation of restaurant ads in India.
Indian restaurants globally are also expected to serve more millet flour-based dishes in near future, given the health benefits of these multi-grains among the busy urbanites, a Singapore-based Indian restaurateur has said.
According to Oracle's Restaurant Scene 2022 global survey, 87% of consumers said that transparency from restaurants about their sustainability initiatives is essential.
In an interaction with Retailer Magazine, Varun Kapur and Karan Kapur, Executive Directors, K Hospitality talks about celebrating the culinary legacy of 50 years and expansion plan:
Karan Nohria is a young horse in a tearing hurry. He is always looking for ways to do something out of the ordinary and create a first mover advantage for his pandemic baby Silly, Mumbai.
The business models are diverse, from home cooks sharing their daily menus on their residential colony WhatsApp groups to operating entirely out of social media channels like Facebook and Instagram.
Many theme-based restaurants in India have been able to tap into the country's rich cultural heritage, by creating concepts and designs inspired by traditional Indian architecture, art, and folklore.
Reportedly, the Indian ice cream industry was valued at approximately Rs.19400 crores in 2022 and is expected to grow at a CAGR of 17.5% between 2023-2028 driven by the expanding consumer demand for exotic flavours.
Though, for many innovation can be seasonality, a new way of doing things, experimentation at large or just a simply put menu but there's no denying that it's an integral part of the restaurant ecosystem.
Similar to Berco's business model, NAO plans to grow systematically and expand to multiple locations in order to become a household name just like Berco's.
At a time when restaurants had an unprecedented focus on careful spending while also having to drive much needed sales, many brands realized that an over-reliance on discounts was detrimental.
In the Food & Beverage world, intangible attributes, such as experiences, are fundamental to creating value. “Experience or experiential” is not just a buzzword, but it is really about how larger than life or powerful you can make someone feel.