Yet, amidst the glitter and shine of modernity, there’s a quiet shift happening. More and more, people are seekingspaces that offerserenity—a return to thenatural.
According to one digital analytic platform 41 percent restaurants don't ever make any store level profitability and shut down within three years of opening.
The city’s emphasis on developing world-class infrastructure has made it an attractive location for setting up both retail outlets and production facilities.
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.
Instead of a full-scale overhaul, Indian QSRs could implement digital solutions gradually, starting with mobile ordering and loyalty programs, allowing for smoother transitions and customer adaptation.
This push for healthier eating isn't just happening in restaurants. Online food businesses like FreshMenu and Grow Fit are popping up to meet people's demands for food that's good for them.
Regular and thorough training sessions are essential for preparing staff to handle emergencies effectively, yet many establishments cut corners, viewing such training as an expendable cost.
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.
This trust has shifted marketing budgets, with 73 percent now allocated to nano, micro, and mid-tier influencers due to their relatability and audience trust levels.
By analyzing customer data, restaurants can send personalized promotions and discounts to individuals based on their past preferences and behavior, enticing them to return.
Traditional paper menus have become outdated and interactive digital displays, allowing customers to browse through a visually appealing and user-friendly interface have gained preference and popularity.
In recent years, the Indian food and beverage industry has experienced a roller-coaster ride, especially for mid-scale restaurants with investments ranging from 5 lac to 25 lac.
The Indian restaurant industry has witnessed rapid growth, both domestically and internationally, with establishments embracing technology to cater to a wide range of customer preferences.
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.
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:
Another factor contributing to the viability of operating a breakfast-focused restaurant in India is the increasing number of tourists visiting the country.
Tim Hortons had entered the Indian market in August 2022 as part of an exclusive agreement with a joint venture entity owned by Apparel Group and Gateway Partners.
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.
In fact, in 2022, over 6,29,000 people across 228 countries joined the movement. This is a record and testament to people's will to change and adopt sustainable practices.
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.
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.
South Delhi Mayor Anamika had also commented that the health trade licence is issued online for ease of doing business and there is no interference by any officer.
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.
There is no doubt that by adopting IoT, the food and beverage industry can run to its highest potential by achieving high levels of food safety, improve traceability etc.