Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
startup 02 Sep 2015

Ongoing Disruption in food biz could be a Game Changer

The industry which is 25 times bigger than the Bollywood industry in India has to go through 30 or more licenses to open one single restaurant which in itself is one of the biggest blockage for the smooth run of any restaurant business in the country.

By Nusra Deputy Features Editor

Like previous year conferences, the Indian Restaurant Congress 2015 was a successful one too, which was well accepted and witnessed huge participation from the restaurant guild. Eminent Speakers, Policy Makers, food service professionals and consultants, as well as food ingredient and raw material suppliers  had come together on a single platform to discuss the change of the hour, the biggest ‘Disruption’  which the industry is experiencing today.

Chaired by Sunil Kapur, Chairman, K Hospitality Corp, the show was rewarding in creating awareness about the biggest trend in the industry with a focus on the four major points of Disruption (Bizruption+Foodruption+Youngruption+Techruption).

The inaugural session started with a welcome note by Ritu Marya, Editor-in-Chief, Franchise India Group. Other speakers who were part of the healthy debate on issues in restaurant industry included, Riyaaz Amlani, President- NRAI & MD &CEO, Impresario Entertainment Pvt. Ltd. and Amit Burman, Chairman, Dabur India & Vice Chairman, Lite Bite Foods. Themed under the title ‘Economics of Indian Restaurant in 2015 & Beyond; the inaugural session set the tune for the two-day event.

Other major topics of discussion at the congress included factors which have brought the biggest-ever change in the Restaurant industry with boom of sectors like technology, innovation, consistency, food policies and law and proficiency amongst others.

Sharing insights on the same, Kapur commented, “Howsoever successful the concept may be you have to always keep the value. Nobody today believes in eating the same food, we have to introduce that change, whether in terms of menu change, recipe change, design creation, or improvement in technology. But the thing is, innovation is a must. There is no rule today where we can survive in the fast growing market without innovation.”

Likewise, speakers were also of the view that the government policy has become like a big gorilla in terms of hindrance it is creating in the growth of Restaurant Industry. The industry which is 25 times bigger than the Bollywood industry in India has to go through 30 or more licenses to open one single restaurant which in itself is one of the biggest blockage for the smooth run of any restaurant business in the country.

Restaurant thought leaders also discussed about the consumer eating out behaviour in general.

Comment
Related opportunities
  • About:Owing to rich experience of setting up and managing military..
    Locations looking for expansion New Delhi
    Establishment year 2006
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Quick Service Restaurants
    A large slice of the industry We use high quality ingrdients..
    Locations looking for expansion Haryana
    Establishment year 2011
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Faridabad Haryana
  • About The KettleryAn exclusive tea centric brand offers innovatively designed products..
    Locations looking for expansion Gujarat
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required 400 - 800 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Start your own Big Mart World franchise business and be..
    Locations looking for expansion West bengal
    Establishment year 2007
    Franchising Launch Date 2013
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Gurgaon West bengal
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories