Qsr industry growth in india. 9 billion transactions and a CAGR of 5.

Qsr industry growth in india 2 percent. The industry revenue growth is expected to moderate to ~15-18% in the current fiscal and improve This report gives a comprehensive insight of QSR industry in India including growth forces, trends, issues and regions to forecast future opportunities of the industry till 2029. Sep 2, 2023 · 🍔🍕 Get a taste of India's booming QSR industry with our latest article! From Domino's to Burger King, we explore the top players and what's driving their growth. India Quick Service Restaurant Industry Overview The India Quick Service Restaurant Market is fragmented, with the top five companies occupying 5. On a sequential basis, top line growth was Feb 7, 2019 · In 2017, the foodservice industry saw 59. Looking ahead, the industry is on a trajectory to reach an impressive USD 32. dollars in 2029. Apr 24, 2023 · The Quick Service Restaurant (QSR) sector in India has rapidly evolved from its earlier hygienic and cost-effective format. 90 Bn in FY 2022. 3 Billion in 2024. Source(s): Company databases; News articles; NRAI India Food Services Report 2016; Deloitte analysis The food service industry in India is growing at a steady annual rate of ~10% and the organized segment is expected to increase at a pace faster than the industry growth rate QSRs and Café & Bars account for ~30% of the market, with Feb 24, 2023 · Quick service restaurants (QSRs), the stores that promise to put food on your table within minutes, have revolutionised our lives. May 15, 2024 · According to a report by Researches and Markets, the QSR market in India was projected to grow at a compound annual growth rate (CAGR) of over 18% during 2021-2025. According to a report by Researches and Markets, the Quick Service Restaurants (QSR) market in India is projected to grow at a CAGR of over 18% during 2021-2025. Emerging QSR brands 5. Apr 21, 2023 · Top 5 QSR players in India to add 2,300 stores in FY2023-25: ICRA The top five players in the domestic quick-service restaurant (QSR) industry are likely to add nearly 2,300 stores between The report titled “Indian Quick Service Restaurant Industry- Trends and Opportunities (2015-2019)” provides. 3 Nov 21, 2022 · "India's food service market is anticipated to project robust growth in the forecast period with an impressive CAGR of 11. 3 billion through 64 deals. Dec 6, 2024 · From 2022 to 2028, the fast food industry in India is anticipated to expand at a compound annual growth rate (CAGR) of 7. 7 billion U. 98 billion by 2034, with a compound annual growth rate (CAGR) of 4. 27% by 2025, this is one industry you don't want to miss! 🍔🍕🍟🇮🇳📈 #QSR #India #FastFood #Growth #Digitalization #CustomerExperience #SWOTAnalysis #FutureTrends #sdblognation QSR industry has multi-year growth potential (and global QSR giants will be fit for the change in India’s rapid ecosystem. , Jubilant FoodWorks Limited, McDonald's Corporation and Yum! Brands, Inc. Feb 22, 2021 · Quick-service restaurant (QSR) segment is expected to clock the highest growth in the food services space over the next 4-5 years, according to a report by Edelweiss Securities. 2t in FY20 and is expected to touch INR6. This growth is driven by evolving consumer lifestyles Jun 12, 2024 · The quick-service restaurant market in India was valued at about 25. 5t by FY25 (registering 9% CAGR). This industry's revenue is estimated to grow by 20-25 percent in FY 2024 over FY 2023, driven by improving average daily sales (ADS) and store additions. However, given Sep 19, 2023 · The quick-service restaurant (QSR) industry in India is currently witnessing a dynamic and competitive landscape, marked by several notable trends. In 2021, the industry employed nearly 70 lakh people. 9% during the forecast period. Feb 15, 2024 · India Quick Service Restaurant - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) - The India Quick Service Restaurant Market size is estimated at USD 25. Nov 23, 2021 · The Quick Service Restaurant market grew at a rate of 17. This has led to a rapid growth of the QSR industry. Detailed research report on the quick-service restaurant industry, featuring industry size, market trends, analysis, and growth report from 2025 to 2030. com's offering. On a YoY basis, QSR sector revenue grew 11% with 467bps improvement in operating margins (though base quarter was low due to Covid-19 disruptions). 2% to reach USD 32. Quick Service Restaurant Industry that companies must maintain their strong standardised organisational design to make a profit through high volume while realising and accepting the fact that the QSR Industry is one of the fastest evolving industries in the world. 22 billion by 2028, indicating a robust CAGR of 14. For details, write to info@daedal-research. It now offers both comfort and cuisine, invariably meeting the needs of its various consumers. The organized space in India’s FSI consists of players that possess three Aug 30, 2024 · In 2023, the top three Quick Service Restaurant (QSR) brands in India were Domino’s, Pizza Hut, and KFC, which had a significant market presence in tier-one cities and a notable footprint in Apr 20, 2023 · Icra projects 20-25% growth for quick-service restaurant industry in FY24 India's quick service restaurant industry is likely to witness 20-25 pc growth in the current financial year supported by demand uptick and increasing penetration driven by a rapid expansion of stores Feb 10, 2022 · As it completes its 25-year journey in India, the company has held on strong, recording its highest ever revenue of Rs 476. Mar 31, 2020 · The Quick Service Restaurants (QSR) market in India is projected to grow at a CAGR of over 18% during 2021-2025 due to increasing urbanization, rapid expansion in food delivery services, expanding Apr 24, 2023 · The domestic quick-service restaurant (QSR) industry is likely to see a revenue growth rate of 20-25% in FY2024 on account of continued demand uptick and increasing penetration of restaurants, driven by a rapid expansion of stores, according to rating agency ICRA. 4 percent, reaching $22. The India Quick Service Restaurants Market is moderately fragmented, with regional and multinational players competing fiercely for market share. Each region is set to evolve into a significant business unit, potentially generating around ₹ 1,000 crore each, he said. The future will be paved by Indian QSR brands that will Understanding the Growth and Dynamics of the Quick-Service Restaurant (QSR) Industry in India In India, most fast-food restaurants like Domino’s, KFC, and McDonald’s are packed into the Aug 16, 2023 · India currently has 428 functioning QSR brands, and in the last two years, this segment has attracted investments worth $1. Large opportunity in Indias Food Services industry According to industry estimates, the Indian FSI market was pegged at INR4. Many of these chains are launching in tier-2 and tier-3 cities, where little competition exists in the food delivery space, as increasing disposable incomes enable new customers to explore and become hooked on QSR. The India Quick Service Restaurant Market is expected to reach USD 25. 46 billion in 2024, and is expected to reach USD 38. com - id: 7c48e3-Mzk1M Aug 5, 2024 · QSR delivers timely and in-depth reporting on the $350 billion quick-service restaurant industry. Overview of the QSR Industry in India. 6 trillion by 2020. This continuing growth is attributed to the rising population and disposable income, allowing consumer spending to reach US$3. Jun 17, 2024 · Global quick service restaurant industry market size 2022-2023. 74% during the forecast period (2024-2029). And it's not just about the food. Sep 7, 2021 · Quick service restaurant market segmentation- Based on model (FY 2018 - FY 2025e) 5. S. in Abstract In a country with more than a billion people, opportunities in India are abound. 74% to reach USD 38. QSR market in India - Size and growth Oct 14, 2022 · The future of the Indian QSR ecosystem By 2025, the Indian QSR industry will have grown by 17. With a projected growth rate of 17. Apr 20, 2023 · The Indian quick service restaurant industry is set to witness strong growth in the near to medium term with expected ramp up in store additions. The QSR market in India was valued at INR 171. Premium Statistic Annual growth of households in India FY 2021-2047, by income class Premium Statistic Food inflation rate per month India 2021-2024 Jan 23, 2024 · The Growth of QSR Industry in India. Not only has there been a structural shift in favour of the industry post-Covid as pointed out in our thematic report in Nov’21, but also as pointed out in our recent note on RBA, the sales recovery momentum has remained strong unlike other consumer sector peers. 78 billion in 2023, up from $273. 5,800 crore (excluding refurbishment) for this period, twice that of the levels seen during the pre-Covid era. category in India is booming rapidly. Growth Projections for India’s QSR Market: Current market size (2023): USD 16. Unorganized versus organized QSR May 29, 2023 · As the Quick Service Restaurant (QSR) industry in India continues to flourish, it faces a myriad of challenges, including the persistent issue of rising costs. 55% of the industry's market share was occupied by the casual dining sector, followed by QSRs at 20%. Annual growth of households in India during financial year 2021 and 2047, by income class. T able 3: Report: India's Quick Service Restaurant Sector Growing. 5 billion, with smartphone exports increasing by an impressive 45 percent. 71 billion by 2029. Feb 27, 2024 · The rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery sales. 65 billion by 2028," it said. Nov 22, 2024 · India Quick Service Restaurant Market Analysis 2025 and Forecasts 2033: Unveiling Growth Opportunities India Quick Service Restaurant Market by Cuisine (Bakeries, Burger, Ice Cream, Meat-based Cuisines, Pizza, Other QSR Cuisines), by Outlet (Chained Outlets, Independent Outlets), by Location (Leisure, Lodging, Retail, Standalone, Travel), by Apr 20, 2023 · "On the back of a robust industry revenue expansion of around 30-35 per cent in YoY terms estimated for FY2023, ICRA projects growth to moderate somewhat while remaining strong at 20-25 per cent in FY2024 on account of the demand uptick and increasing penetration driven by a rapid expansion of stores," the rating agency said. It was forecasted to reach 38. You can skip our detailed analysis of QSR chains in India and their performance over the years, and go directly to read 5 Dec 23, 2024 · While the QSR industry continues to progress, investors and private equity firms owning QSR brands are meticulously exploring ways to withstand this growth course and expand overall productivity. One of the prominent developments is the rise of boutique brands such as Leo's, Tossin, GoPizza, and MojoPizza, which are making significant strides in the market. Market Overview: The India pizza market size reached USD 5. Delivery & Takeout. With an estimated market size of over ₹50,000 crores and an annual growth rate of 18-20%, the sector is poised for further expansion. Same-store average growth of 6-8% will be seen as a significant drop compared to the what has been experienced over recent years. Chapter 4: Global QSR market overview 4. 72 billion. India’s quick-service restaurants (QSR), or fast-food chain market, is expected to clock a compound annual growth rate of 23% between FY21 and fiscal year 2025. 2 Million in 2024 and will expand at a compound annual growth rate (CAGR) of 5. Further, consistent sales have seen a ten per cent annual growth in the last few years. 27 Bn in FY 2027, expanding at a compound annual growth rate (CAGR) of ~20. 23%). ernet. The operating costs of companies offering food-related services are rising considerably in the U. Many global brands in QSR food servicing have resorted May 10, 2024 · India's Quick Service Restaurant (QSR) sector is poised to soar to USD 38. Jul 9, 2017 · First, the brand was taken in by a booming quick service restaurant (QSR) market. , Jubilant FoodWorks Limited, McDonald's Corporation and Yum! Industry data is aggregate of five major domestic QSR players viz. However, compliance has emerged as a pressing concern. 13%. Sep 30, 2023 · Future of QSR Franchise Business in India. 65 billion by 2028,” it said. The industry is Nov 20, 2024 · Over the next 5-6 years, QSR chain Subway plans to double its store count from 850 stores to 1,700 stores targeting both metro and non-metro cities, John Chidsey, Global CEO of Subway told Scope of the Report The report titled ³,QGLDQ Quick Service Restaurant Industry: Trends and Opportunities ( 2015 - 2019 ´ provides an insight into the functioning and growth of quick service restaurants in the We remain positive on the QSR space in India. in Oct 20, 2024 · 1. According to a report from credit rating agency ICRA, domestic QSR industry is expected to grow by 20-25 per cent in FY2024. Coffee Day Enterprises Limited, Doctor's Associate, Inc. Kotni (2015) in his study on Attributes of Customer Patronage Understanding the Growth and Dynamics of the Quick-Service Restaurant (QSR) Industry in India In India, most fast-food restaurants like Domino’s, KFC, and… Apr 27, 2024 · Quick Service Restaurant - QSR Market Report 2025 (Global Edition) Quick Service Restaurant - QSR Market size is 176944. 27% , thanks to the popularity of eating out, a rise in disposable income, fast paced lifestyles and the growth of online food delivery platforms. Aug 1, 2022 · QSR delivers timely and in-depth reporting on the $350 billion quick-service restaurant industry. It also examines the short term-impacts and me- Jan 1, 2016 · QSR industry has witnessed phenomenal growth in the . . 2% from 2013-2017. Oct 17, 2023 · “We believe that the QSR industry has multi-year growth potential, given India’s rising consumer base, eating-out frequency, quicker delivery and value-for-money proposition. given that However, high inflation is Apr 5, 2023 · In this article, we discuss 15 fastest growing QSR chains in India. Oct 19, 2024 · The Quick Service Restaurant (QSR) industry in India is at the forefront of the country’s food service revolution. Jul 24, 2024 · Stay informed about their financial performance, key innovations, and future growth plans as they continue to lead and transform the quick service restaurant industry in India, providing customers with tasty, convenient, and satisfying dining experiences across the nation. Apr 5, 2023 · ResearchAndMarkets. Segments: Dine-in: Highest market share in FY 2022 (44. 22 billion by 2028. The major players in this market are Coffee Day Enterprises Limited, Doctor's Associate, Inc. They have more right to win in India’s consumption metric with a rising consumer base, eating-out frequency, quicker delivery and value-for-money proposition. Sep 8, 2024 · QSR industry focus: Dine-in channel growth remains muted on weakness in SSSG; Zomato, Swiggy fragmenting market share For QSRs dine-in sales are under pressure with lower footfalls and decline in Feb 11, 2015 · The QSR industry’s growth over the next three years will be primarily propelled by an average 16-18 per cent growth in store additions, while same-store sales growth will be muted, says Crisil. 63 billion. What’s pushing the growth Quick-service restaurants (QSRs) are replacing traditional home-cooked meals in the Indian market, particularly in urban areas. The industry’srevenue fell by 24% in FY2021 compared to FY2020, Apr 24, 2023 · The report suggests that the top five players in the domestic quick-service restaurant (QSR) industry are likely to add ~2,300 stores between FY2023-FY2025 with an estimated capex at around ~Rs. Jersey Mike’s trailed only Starbucks and Crumbl Cookies in total net growth last year, which is hardly a stunner. Oct 25, 2023 · India's Quick Service Restaurant (QSR) sector is gearing up for a robust growth trajectory in the fiscal year 2024, driven by a strong uptick in consumer demand. Quick Service Restaurants (QSR) Market Share size and share are expected to exceed USD 468. 4. 83 crore in the quarter ending December 2021, a year-on-year jump of 46 Nov 21, 2022 · “India’s food service market is anticipated to project robust growth in the forecast period with an impressive CAGR of 11. Here are some of the trends and insights that suggest a positive future for QSR franchise businesses in India: Increasing Demand; The QSR industry in India is projected to grow at a CAGR of over 18% during 2021-2025. 71 billion by 2029, driven by expansive growth nationwide. 2 billion in 2023, the sector is expected Mar 22, 2023 · Dublin, March 22, 2023 (GLOBE NEWSWIRE) -- The "Quick Service Restaurant Market in India 2023" report has been added to ResearchAndMarkets. Take-away: Projected market share of ~21. 47 billion in 2027, growing at a CAGR of 6. Key players in the market include Jubilant FoodWorks, Adyar Ananda Bhavan, Cafe Coffee Day, and Monginis. 71 billion by 2029, growing at a CAGR of 8. 827. 72 billion in 2023 and is expected to grow at a CAGR of 14. Many QSRs struggle with minimum wage, bonus, and ESIC adherence. In 2023, the QSR industry in India witnessed a robust growth of around 30-35% in terms of revenue, driven by various factors such as: 1. So there's no denying that QSR as an industry is here to stay and has shown stellar growth in a very short time. 27 per cent and will be worth Rs. 1. Jun 17, 2024 · The Rapid Expansion of the Quick Service Restaurant (QSR) Industry in India: A Student's Perspective The Quick Service Restaurant (QSR) industry is undergoing a remarkable transformation in India Mar 22, 2023 · The quick service restaurant industry in India has evolved from being just a hygienic and cost-effective format to one that also offers comfort cuisine. It further said that the country's quick service restaurants (QSR) market is estimated to be USD 690. Retrieved from Dec 20, 2023 · Simultaneously, the quick service restaurant (QSR) chain is also expanding its reach in India, moving from four to seven regions, with an aim to establish a 3000-store network. It is expected to reach INR 431. Jan 1, 2021 · The QSR (quick service restaurants) industry in the emerging economies such as India is undergoing a wave of disruption and re-engineering. 27% from FY 2016 to FY 2020 and is expected to reach an enormous size of ~₹826. Looking forward, IMARC Group expects the market to reach USD 11. India Inc to seek 3. , Canada, and Mexico. Apr 20, 2023 · Representative image New Delhi: Domestic quick-service restaurant industry is expected to grow by 20-25% in FY2024 on the account of the demand uptick and increasing penetration driven by a rapid Nov 24, 2023 · Discover India's QSR Sector evolution—insights into growth strategies, key metrics, and market challenges in this blog post. However, simultaneously, it has also created a canvass that has Dec 9, 2023 · An overview of the quick service restaurants segment in India The Quick Service Restaurant (QSR) market in India is categorised based on cuisine (bakeries, burgers, ice cream, meat-based cuisines Sep 5, 2023 · The domestic QSR industry is expected to capitalise on mounting demand and rapid store expansion, contributing to a projected year-on-year growth of 20-25 percent in FY2024. jiffy. Jun 10, 2024 · Fast-food chains fast track growth. Jubilant Foodworks Limited, Devyani International Limited, Sapphire Foods India Limited, Restaurant Brands Asia Limited and Westlife Foodworld Limited who cater to the formal sector. 9 billion transactions and a CAGR of 5. From April to November 2024, electronic exports surged by 27. The report covers Global Quick Service Restaurant Market Trends and it is segmented by Type (Pizza Outlet and Fast Foods Outlets), Structure (Chained and Independent), and Geography (North Jul 22, 2022 · India’s smartphone industry is not just booming on the domestic front—exports are seeing unparalleled growth as well. The research reviews the impacts of novel corona virus pandemic in Quick Service Restaurant segment of Food & beverage industry in India and the growth patterns post-Covid. See full list on researchreportapi. India's burgeoning middle class — an estimate by IBEF pegged it at 267 million — economic growth of 7 per cent-plus, and a projected CAGR of over 22 per cent for QSR by 2021 suggested that this was the place to be. com – A free PowerPoint PPT presentation (displayed as an HTML5 slide show) on PowerShow. As QSRs are gaining popularity across the country, the domestic QSR market is expected to reach US$ 32. Apr 20, 2023 · New Delhi: India's top quick-service restaurant (QSR) companies are poised to add approximately 2,300 stores between FY23 and FY25, fueled by an estimated ₹ 5,800 crore capital expenditure The Retailers Association of India (RAI) highlighted muted growth for many despite mid-month discounts and the wedding season. Thus, Dec 5, 2016 · QSRs (or Quick Service Restaurants) are the future of the restaurant industry. Q3FY24 outliers: Sapphire Our view: We believe that the QSR industry has multi -year growth potential , given India’s rising consumer base, eatingout frequency, quicker delivery - and value-for-money proposition. 2. "These are common perceptions with which Jan 1, 2012 · In a country with more than a billion people, opportunities in India are abound. Global QSR market size and growth forecast (FY 2020 ─ FY 2027e) Chapter 5: QSR market in India ─ An overview 5. Home delivery: Expected to grow to ~40. ” Dec 23, 2024 · Market Segmentation in the QSR Industry. com’s “Quick Service Restaurant Market in India 2023” report estimates that India’s QSR market will be worth USD 16. The QSR franchise business in India is expected to continue to grow in the coming years. Market size and growth forecast based on dine-in QSR model (FY 2018 - FY 2025e) We expect QSR companies under our coverage to report a modest 1% growth in EBITDA over LY. Indian QSR Industry – Opportunities and Strategies to Harness Them Piyush Kumar Sinha Professor, Indian Institute of Management Ahmedabad Email: pksinha@iimahd. With the prices of raw materials Sep 18, 2023 · In this article, we embark on a culinary expedition to explore the top five key players in the Indian QSR industry. dollars in 2024. Nov 9, 2021 · From FY 2016 to FY 2020, QSR in India grew by 17. The food sector has a huge steady growth of around 3. 20 billion in 2022, representing a CAGR (compound annual growth rate) of 7. 21 million in 2022 and is expected to reach USD 1069. last couple of years and has surpassed other industries. 00% from 2024 to 2031. Firstly, the increasing pace of modern lifestyles has led to a surge in demand for convenient and quick dining options, propelling the QSR industry forward. Revenue from fast food and quick service restaurants will reach $371. 3%. 8 Billion by 2033, exhibiting a growth rate (CAGR) of 9. 2%. 37 billion by FY2025. Impact of Covid-19 in QSR operations in India & Strategies to deal with them: A Review Bhupender Singh1 ABSTRACT. 3. Unlike some other sectors, QSR chains India Quick Service Restaurants Market Trends: The quick service restaurants market in India is experiencing robust growth, driven by several key factors. 9 mn jobs in first half of 2024: Report Feb 17, 2022 · With the growth of delivery and takeaway, smaller footprint stores will allow QSRs to penetrate deeper into more neighbourhoods and tap into the opportunity in Tier 2 and 3 cities. COMPETITIVE LANDSCAPE. We’ll delve into their store count, revenues, and other essential details, all Mar 6, 2024 · The fast food and quick service restaurant industry was expected to reach $292. 19 per cent and reach USD 79. Read the article to know the future of QSR in India. The Quick Service Restaurant (QSR) industry in India has experienced remarkable growth over the last decade. QSR sector review –Q4FY21 QSR sector displayed strong growth in Q4FY21 with easing of lockdown restrictions. Mumbai: With the exponential growth of food delivery Mar 20, 2023 · The latest edition of the ZEE5 Intelligence Monitor reveals the behavioural trends shaping the growth of QSR chains in Tier 2 & 3 markets. With an estimated market size of $6. Aug 1, 2023 · In 2021, Jersey Mike’s CEO Peter Cancro told QSR the brand was closing on a growth cadence of 300 units per year, with 3,000 in sight. 1%. The 1975-founded sandwich chain was just about there in 2022, expanding by a net of 297 stores. Dec 7, 2021 · Retail | QSR . 25% by FY 2027. 47% during the FY 2022 - FY 2027 forecast period. 3 million Here are some key highlights that indicated India’s Quick Service Restaurant (QSR) and restaurant industry's explosive growth in coming years: Key Stats: — Market Size: Expected to reach USD Aug 30, 2024 · Between the financial year 2019 and 2023, KFC India had the highest revenue compound annual growth rate (CAGR) of 30 percent, among the leading quick service restaurant (QSR) chains in India. TeamLease Services Limited stresses the urgency for industry players to promptly address compliance issues, given the potential legal, reputational, and The domestic quick service restaurant (QSR) industry* had witnessed a sharp downturn due to Covid-19 disruptions, wherein the dine-in segment of the business was highly impacted following restricted social norms amid the pandemic. With busy urban lifestyles, rising disposable incomes, and the convenience of fast food May 14, 2024 · Brand value of leading global QSR brands 2024 A symbiotic growth between the food industry and the growing middle class Estimated market value of the food service industry in India in 2022 Apr 20, 2023 · ICRA estimates that the top five players in the domestic quick-service restaurant (QSR) industry are likely to add approximately 2,300 stores between FY2023-FY2025 with an estimated capex at around approximately INR 5,800 crore (excluding refurbishment) for this period, twice that of the levels seen during the pre-Covid era. QSR market in India ─ Size and growth forecast (FY 2021 ─ FY 2027e) 5. (sorted alphabetically). 7 trillion in 2018. Apr 5, 2023 · Quick service restaurant chains in India are expanding their businesses and hiring more staff, despite some seeing subdued growth last quarter. Frequency and average spends on outside food have been increasing across cities 5. Evolution of the QSR Concept: The concept of QSRs originated in the mid-20th century, with the introduction of fast-food restaurants like McDonald’s and Sep 24, 2024 · The Quick Service Restaurant (QSR) sector in India has witnessed explosive growth over the past decade. 81% market share by FY 2027. The QSR industry is one of the fastest-growing industries in India and worldwide. Here are the top 10 QSR chains in India. 46 billion in 2024 and grow at a CAGR of 8. As QSR the industry charts out its growth path, technology is slated to create a 360-degree impact on the way this industry operates. For 25 years, QSR has defined this market, including traditional fast food, fast casual, coffee, snacks, concessions, and related segments of the foodservice industry. While most employees receive average salaries; lack of incentives affects motivation. 24% during 2025-2033. It further said that the country’s quick service restaurants (QSR) market is estimated to be USD 690. With the country’s growth story continuing post-pandemic, the QSR Retail Index offers a powerful way to pinpoint ideal cities for quick-service restaurants to tap into this growth. Over the past 20 years, the subcontinent has seen the rise of the QSR industry, primarily led by MNC brands. 46 billion U. The QSR market in India was valued at INR The QSR workforce is young, with high attrition rates due to limited career growth and short tenures. pxifi lhhsazvk iljmjjye gmdd jcrlyq ruf qawgurjr mcibzl zyojh gfjsdre