With the rising trend of dining out among millennials and GenZ, the growth of India’s food services sector is projected to reach up to ₹7.76 trillion by 2028 from ₹5.69 trillion in 2024, according to a report by National Restaurant Association of India report and Kantar, a market research agency. This would translate into a compounded annual growth rate of 8.1 per cent.
Read More »Hospitality associations meet Maha CM who assures easing of restrictions on restaurants
A joint delegation of members from HRAWI, FHRAI, NRAI, AHAR and HAI met Maharashtra Chief Minister Uddhav Thackeray over the continued timing restrictions on restaurants in the state, and informed the CM of restaurateurs’ distress. Thackeray has assured that he will be present in the next meeting of the COVID-19 task force and look for ways for a graded reopening of the restaurant sector.
Read More »NRAI convention from July 17-18 in Mumbai
Announcing the debut of its convention dedicated to India’s nightlife, Riyaaz Amlani, President, National Restaurant Association of India (NRAI), revealed that it will be held at St. Regis in Mumbai from July 17-18, 2016. It will be the first platform specifically designed to bring together and recognise the various stakeholders of one of India’s most vibrant and fastest-growing industry – nightlife. The event is a joint initiative of Kickstart Entertainment and NRAI. “The two-day convention will have multiple business sessions with speakers from the sector from across India. This will include three international speakers as well. We are also looking to get attendance from the government, including the Ministry of Tourism, Home and Excise because we don’t fall under any single ministry. We are also inviting someone from the Government of Maharashtra since it is happening in Mumbai. We want them to listen to our problems and see that this is a serious industry.”
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