Over the long-term, revenue growth shall be supported by factors like rising QSR penetration levels, a shift from the unorganised to the organised segment with a preference for branded quick service restaurant (QSR) players, given the hygiene and convenience factors (delivery over dine-in), etc, ICRA said.
Many skilled and unskilled restaurant workers aspire to eventually work in hotels with high brand value or look for an immediate jump in their careers — the reason for job hopping
Watch this edition of Business Insight to find out where the restaurant industry stands after almost 8 months of reeling under pressure due to the pandemic.
Notwithstanding the boom, the restaurant industry in India is still on a learning curve. And yes, we're talking about both sides of the table