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| Mr. Samir Kuckreja, President NRAI Managing Director & CEO, Nirula’s “The restaurant industry is a key driver for the overall retail business. Restaurants are fast emerging as one of the most significant contributors to the economy in terms of VAT contribution, direct and indirect employment and other government levies. The restaurant industry in India has grown significantly over the last few years led both by domestic and international chains. There are various segments ranging from independent family restaurants, cafes, fast food/quick service restaurants, casual/fine dining restaurants and others. Restaurants provide not only a eating out option but also are a key part of retail destinations including malls and local shopping centres, transit locations including airports, metro / railway stations, corporate parks, hospitals and educational institutions”. |
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