Gujarat’s restaurant franchise business is zooming in on to take the coming years by storm with the International and domestic giants chalking out huge franchise deals
The F&B industry is currently the biggest one and is growing at a good pace in Gujarat. The state has one of the best infrastructures in the country as there is round the clock of power, energy and water supply and many other factors which are rather favourable to the industry to boom.
LEADERS FROM THE STATE
Gujarat’s love for food is reflected in the number of brands in the F&B category. This has subsequently boosted the ratings of the category and has made it the largest in Gujarat. Gujarat’s giant brand Amul is a global player. Balaji is the most trusted brand in packaged snacks category followed by Haldiram's and Lay's. Vadilal ice cream is India’s Most Trusted ice cream brand and is followed by Havmor, Creambell among others.
The latest report by Technopak and the National Restaurant Association of India on the state of the restaurant business in the country states that the Indian food service market will soar to $92 billion (Rs 5.52 lakh crore) by 2020 from $48 billion (Rs 2.88 lakh crore). Of this, the Rs 18,000-crore chained restaurant segment is expected to almost treble to Rs 48,000 crore by 2020. Gujarat has the highest number of Vegetarian & traditional organized F&B chains in India.
Looking at the exponential growth & potential across Gujarat, it has now become hottest destination for brands to be at. Gujarat’s home-grown brands too are seeking scalability as there is a lot of demand of their specialty food in India & abroad. Gujarati food comprising Dhokla, Thepla, Fafda, Handva, Khakhra, Ganthiya is in high demand. Besides this, restaurant chains of Kathiyawadi Food & Jain Food too have a lot of demand pan-India. All serious restaurant entrepreneurs in Gujarat today are looking at scalable models and concepts. In the ensuing pages we have cherry-picked brands that are born in Gujarat and are all set to make a mark across the globe.