New Market Research Report: Consumer Foodservice in India
Consumer foodservice showed double-digit growth in 2012 despite the economic slowdown. A rise in disposable incomes, coupled with companies expanding their reach in second- and third-tier cities, helped the robust growth. Strong performances by fast food players and pizza full-service restaurants helped in attaining solid growth. Despite challenges like high rents and inflation the category showed a strong potential for growth. Fast food operators opened new outlets in smaller towns to maximise...
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