If we have to pick one of the most lucrative and profitable industries, then the Indian restaurant industry is one of the booming sectors. There are so many big names running their business successfully, and many new names are showing exemplary performance.
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Entrepreneurs are now actively investing in food and beverage franchises. The Indian market has been quite embracing the various food franchise options. Many casual restaurant franchises have made a strong foothold in the market.
The food and beverage franchise is one of the most lucrative business segments garnering a lot of attention. Amongst the different types of food and beverage franchises, the takeaway and delivery brand franchises have become fairly popular.
Eat, drink and be merry; the nightclubs bring this phrase into reality. Known for their cozy space and quirkiness, the nightclubs unfold a whole new world to you. It opens the avenues of no rules and bounds to having fun. You stand a chance to indulge in an episode of pure joy.
India has become a hub for many international franchise brands to venture. The success of acclaimed names in the food and beverage franchise business has pushed many internationally renowned names to establish a strong foothold in India.
Pub and bar franchises are ruling the list of the most favourite places to hang out. India's pub, bar, café, and lounge market is expected to reach a mark of US$2.4 billion, and between a period of 2020 to 2026, it is expected to have a CAGR of 12.2%.
Café and lounges provide the best place to ease out the stress and relax in a laid-back atmosphere. The changing lifestyle preferences have marked the entry of various café and lounge franchises in India.