The Food industry in India has reached to its highest potential taking migration into consideration. Over 30% of Indian citizens migrate every year in the search of better opportunities and lifestyle.
The restaurant and food service industry is an $899 billion industry in the India. Restaurants and other food-service providers are so widespread that half of all adults have worked in food service in one way or another at some point in their lives. The food service industry encompasses any establishment that serves food to people outside their home. This includes restaurants, carryout operations, cafeterias, university dining halls, catering and vending companies, hotels and inns, and rehab and retirement centers.
India’s increasingly hectic lifestyles make cooking at home a challenge, so the restaurant and food industry enjoys steady growth. Indian restaurants employ approximately 15.6 million workers., and the National Restaurant Association projects that 1.6 million new restaurant jobs will be created by 2030. The National Restaurant Association also expects industry sales of more than $899 billion for 2020. These numbers suggest steady employment for workers. However, the coronavirus pandemic has disrupted current growth in the industry due to the forced closing of restaurants and subsequent loss of sales and jobs. The long-term outlook for restaurants and food services is yet to be determined. It should also be noted that the food industry is tied to the economy.
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