The food industry is notoriously tough. Getting the front-of-house right is just the tip of the iceberg; executing the extensive list of tasks behind the scenes is extremely complex. This can often mean employees spending more time in ensuring that processes are compliant and complete than focusing on ensuring an unforgettable customer experience.
Indian consumers’ preferences are changing at a very fast pace, leading to an evolving landscape for its food industry as well. Factors such as robust economic growth, rising incomes, increasing urbanization and greater penetration of technology are driving consumption and fuelling the growth of the Indian food and beverage service retail industry. As such, there has been an increased focus on food safety, especially in terms of food preparation, packaging and distribution.
The Federation of Indian Chambers of Commerce and Industry (FICCI) has forecast that the foodservice industry will be experiencing a Compound Annual Growth Rate (CAGR) of 10 percent over the five-year period from 2017 to 2022. Comparatively, the Chinese and South Korean industries are only expected to grow at CAGRs of 4.4 percent and 3.6 percent respectively over the same period.
This scenario has given rise to the need for better food hygiene and food storage management, which are crucial elements in the hospitality industry, paramount to ensuring that businesses remain reputable and ensuring the safety of their customers. Inadequate management of produce at any point in the supply chain, from warehouse to the restaurant floor, can have wide-ranging consequences. In the first place, low confidence amongst consumers can result in revenue loss as they begin to choose alternative options. Fines can be imposed, and even arrests made if negligence occurs.
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Thinking out of the box
Benjamín Calleja is the founder and CEO of Livit, one of the world’s top restaurant design firms. He shares his views with us on the role of design and technology in creating restaurants that are profitable and efficient as well as great on guest experience.
Zomato acquires UberEats India for approx Rs. 2,500 crore
Zomato has acquired Uber’s Food Delivery Business in India in an all-stock deal. Uber will have 9.99 percent stake in the Deepinder Goyalled food delivery platform.
Millennials are looking for food that goes back to the roots
The millennials are very much aware of the benefits of healthy food; so the farm-to-table approach is growing and there is a boom in the demand for organic food cooked with sustainable methods. Chef Raji Gupta, in a conversation with FoodService India, throws light on the future of the food industry, changing trends and choices of people and the importance of catering to the evolving demands of customers.
Survey reveals that breakfast is not a favourite cooking moment for Indian moms
If making breakfast is an art, more often than not, the mother in the family happens to be the artist. It is regularly pegged as the most important meal of the day. But in the madness of rushed mornings, is it even possible for the artist to give it its due? To gain deeper insights into it, V-Guard, country’s leading electrical appliance brand partnered with Momspresso. com, India’s largest user-generated content platform that allows women to express themselves through different formats including text, audio and video across ten languages, to conduct a nationwide survey with 500 Indian moms.
Burger Singh to open 66 franchise outlets in the next 2 years
Burger Singh, the burger chain popular for its big burgers with an Indian twist, has become a name that’s on the favourite burgers list of every foodie. With an appetite as big as that of its customers, the famed burger chain is now heading for aggressive expansion across the country.
Éminences grises of foodservice industry ring down the curtain on India Food Forum 2020
India Food Forum returned for its 13th edition at the Renaissance Convention Centre at hotel Renaissance Mumbai on 5-6 February where the crème de la crème of India foodservice industry came together on Day 2 of the event to offer insightful takeaways on the innovations in food retailing, HoReCa and food technology, and also ensuring that all those attending the day’s deliberations were empowered with the products and insights that would help to maximise the opportunities offered by India’s vast consumer universe.
“People look for quirky things and innovative concepts in summers”
Amit Johari, Co-Founder, House Of Commons, which is located at Connaught Place, Central Delhi, talks to FoodService India about how summer trends differ from the other seasons in terms of the choice of beverages & appetisers, and on the profitability prospects for restaurants during the season.
A bar that does not burn a hole in your pocket
Yudhveer Singh, Founder of Delhi-NCR based The Beer House Café, in a conversation with the FoodServcie India, highlights the unique features of his establishment and the market strategy it has adopted to stay relevant in a competitive market.
A childhood passion becomes a profession
A childhood passion turned into a full-blown career for Chef Shaurya Veer Kapoor, Head Chef, Gola Sizzlers (A Naresh Gola Group). In a conversation with FoodService India, he discusses the changing tastes of Indian consumers and how he has created the themes for the diners at Delhi-based Gola Sizzlers and Cafe Hawkers.
How Smart Technology Can Lead The Way For Safe Eating Environments
As many forms of consumption drivers come together to fuel the growth of Indian food and beverage service retail industry, there is an increased focus on food safety, especially in terms of food preparation, packaging and distribution.
‘Indu Jain has merged with cosmos & been liberated'
An ardent seeker of knowledge, committed philanthropist, visionary and champion for women’s rights — there are many ways to remember Times of India Group chairman Indu Jain. On Friday, each of these facets came to light, as family and friends gathered over a virtual meeting to remember Indu Ma, as she was fondly known.
CREATORS NOW FIND THEIR EXPRESSION WITH SMARTPHONES
The entertainment industry has been debilitated by the pandemic, but there is a glimmer of hope in the surge of digital consumption, growth of short-form content platforms and people’s anticipation of the big film experience
FMC Corporation Wins Award
FMC Corporation was conferred the Digital and Technology-Enabled Company award by The Federation of Indian Chambers of Commerce & Industry (FICCI) at its Chemicals and Petrochemicals Awards 2021 ceremony held at the Hotel Taj Palace, New Delhi, India.
Novedades para el Día del Libro
A pesar de las dificultades que seguimos padeciendo a causa de las restricciones pandémicas, la maquinaria editorial sigue en marcha y se ha vestido de gala con las novedades de cara al 23 de abril, Día del Libro y desde Qué Leer nos complace ofrecerle algunas de ellas.
Women Entrepreneurs in the Digital Economy
FLO is the women wing of the Federation of Indian Chamber of Commerce & Industry (FICCI). Jahnabi Phookan, National President of FICCI FLO and a leading Women Entrepreneur talks about FLO’s initiatives towards creating a self-relying entrepreneurial ecosystem for women which in turn empowers them to become self-sufficient & helps them to become job creators instead of job seekers.
NBFCs should adopt Analytics, AI, ML for competing
Krishnamurthy Subramanian, Chief Economic Adviser, Government of India, stresses that technology usage can be far wider in the financial sector:
The Story Of Atmanirbharta In Defence
Will the embargo on import and carving out of a separate budget head for local procurement give impetus to indigenisation and self-reliance in a way that the measures taken in the past two decades have not? Amit Cowshish attempts an answer
Reviving trends for healthcare economy
While COVID-19 has wreaked havoc on the larger economy, the healthcare sector is no exception. With healthcare sector experiencing operating loss to the tune of Rs 14,000 to 24,000 crore for the first quarter with private sector reporting a 90 per cent drop in revenue, it has been a roller-coaster of a ride so far.
The Future Of Travel
FICCI’s Tourism Committee got together stakeholders from the travel and hospitality industries to discuss the road ahead from the situation of despair prevalent now
FLYING TRAINING SCHOOLS: SURVIVING THE PANDEMIC
According to conservative estimates made by FICCI in March 2020, around 1000 plus passenger planes were expected to come to India by 2030.