"The resurgence of India's fast food industry" Topic

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Tango01

21 Feb 2020 10:35 p.m. PST

"India's quick service restaurant (QSR) business was floundering after body blows from demonetisation, the ban on liquor sales on highways and the introduction of the goods and services tax (GST). Hundreds of QSR and café outlets shut between 2013 and 2016 through the reckless expansion of 2015. Now, they have bounced back, galvanised by the unexpected challenges. Smaller stores, more food innovations, moving out of high streets and greater focus on same-store sales growth (SSG) are driving a …"
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