Brands share observations from recent trip to India to explore market and recruit franchisees
The restaurant business in India is growing by between 5 percent and 6 percent annually, with no sign of slowing down, according to the National Restaurant Association of India. The quick-service segment alone is growing by more than 20 percent in the country, said NRAI president Samir Kuckreja. With the U.S. restaurant business projected to grow only about 1 percent per year for the next 10 years, according to The NPD Group, India’s market clearly has appeal for American ...
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Contact: Desiree Torres Desiree.Torres@penton.com