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India’s food service market to reach USD 79.65 bn by 2028: Report

According to a report, India’s Food Service Market, which is currently at 41.1 billion, will grow at CAGR 11.19 per cent to touch 79.65 billionNew Delhi: India’s food service market is expected to reach USD 79.65 billion by 2028, growing...

Reliance in advance talks to bring Armani’s luxury café to India

Reliance Retail is scouting for spaces in luxury malls in Mumbai and Bengaluru to open Armani/Caffè thereNew Delhi: Reliance Retail is in advance talks with Milan-based luxury company Armani to bring the Michelin-starred Armani/Caffè to India, two people familiar with the development said.As...

MCD eases licensing norms; allows Delhi restaurants to serve food in open spaces, terraces

Eateries with terraces and open dining spaces will also not require additional fire safety certificate from the Delhi Fire Service if they meet specified conditionsBy Anjali Pillay and Saloni BhatiaNew Delhi: People in Delhi will now be able to enjoy...

QSR chain Old Delhi to open 50 offline outlets across the country

To support the expansion, the company will be hiring over 500 employees, out of which 250 will be from the economically weaker section of societyNew Delhi: Indian home-grown restaurant chain Old Delhi will be increasing its offline presence by launching...

Jubilant FoodWorks Q2 profit up 9.7 pc to Rs 131.5 cr; revenue up 16.6 pc to Rs 1,301.5 cr

The increase in revenue was driven by like-for-like growth of 8.4 per cent and healthy performance of new storesNew Delhi: Jubilant FoodWorks, operator of fast-food chains Domino’s Pizza and Dunkin’ Donuts, on Tuesday reported a 9.76 per cent increase in...

India: Foodservice & restaurant sector in the post-corona world

The Covid-19 crisis that is currently sweeping the world is going to have a lasting impact on our society. From the way we do business to the way we interact with each other and from the way we communicate...

The Hospitality Purchasing Managers Forum’s (HPMF) annual convention at Kochi leaves behind a blazing trail

Over 250 delegates from India, Nepal, Bhutan, Sri Lanka, Bangladesh and UAE attended the Kochi convention, which rose to the mantle of becoming the most talked about fiesta in the almanac of the Hospitality Procurement industry. If you have...

60 pc of restaurants in Delhi, Mumbai, Bengaluru on high streets due to limited supply of quality space in malls: CBRE

Almost 60 percent of restaurants in Delhi-NCR, Mumbai and Bengaluru are located on high-street markets due to limited supply of quality space in malls and scope for organic expansion, according to a survey by property consultant CBRE.Nearly 82 percent...

Why Delhi should have microbreweries

Being the capital city with good connectivity and a variety of attractions, Delhi is the hub of tourist traffic – both domestic and international. A large portion of these tourists are outside the 5 star category and would thus...

Restaurants, cafes contribute 75 pc to FS industry sales

According to Technopak research for India Food Report 2016, the domestic Food Service Industry - estimated to be Rs 2,72,700 crore in the year 2014 -  was projected to grow to Rs 4,23,100 crore by 2020 at a CAGR of 8...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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