India: Food Service - Hotel Restaurant Institutional

India’s foodservice sector continues to rise as the number of restaurant diners grows. The growth of household income fueled by the rise of dual-income households is making family vacations and dining out more accessible. With the recent depreciation of the Indian Rupee, the hotel and restaurant players across India see an opportune period which could attract more foreign tourists, and increase spending within the sector. However, the weakened Indian Rupee also poses a significant challenge as it raises the price for imported ingredients, foods, and beverages slated for use in the hotel and restaurant sector.

India: Food Service - Hotel Restaurant Institutional