India's food services sector is projected to grow from Rs 5.7 lakh crore to Rs 7.76 lakh crore by 2028, according to the National Restaurant Association of India's (NRAI) India Food Services Report 2024. This represents a CAGR of 8.1%, surpassing the RBI's GDP growth forecasts. The sector, currently the third largest industry after retail and insurance, is expected to employ one crore people by 2028, up from 85.5 lakh.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.