Opportunities for QRSs Chains in India

Quick service Restaurants in IndiaBeyond Doubt, Indians are foodies, and thus the opportunity for the organized Quick Service Restaurant (QSR) space (especially those with middle-of-pyramid pricing) is unlimited. Economic slowdown will pose hurdles, but nevertheless we expect Indian QSR industry growth of 20-25% over FY13-23, significantly above that of overall consumption and the peer group (apparel, retailing and packaged food).

Our discussion with multiple QSR format owners and (more…)