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Feasting On Fast Food
TFW September 2018
|The Franchising World
Such has been the vast change in the food habits of Indians, especially the young and working, that quick service restaurants today make for the best business opportunity. In this growing space, AGSmarty Food and Beverages LLP has taken huge strides in terms of expansion and is now looking to have a bigger footprint across India with franchise partners.
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The Indian food and beverage industry is one of the most vibrant industries that has witnessed unprecedented growth in the recent past and is currently going through an exciting phase. It is growing at a rapid rate and from USD 26 billion in 2017 it is expected to reach USD 46 billion within two years. In F&B industry, quick service restaurants (QSR) and fast food joints are gaining maximum traction, pointing to a shift in the pace of consumer lifestyles. An increasing number of consumers, especially the youngsters, are inclined towards the QSR segment, value-for-money deals and easy-to-go menus.
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