Speciality Restaurants Ltd promoted by the Chaterjees forms part of the organized food-service market, which is in a nascent stage and forms only ~20% of the industry. It is estimated that various categories of the organized food industry combined is growing at ~25% a year, driven by demographic and socio-economic changes such as rising disposable income, increasing number of working women and growing urbanization.
Fine-dining restaurants are at the top of the evolution of eating habits. Specialty Restaurant [SRL] Chain operates 12 different brands in this category and is favorably placed in this market. Brands of SR are as follows, (more…)