The National Restaurant Association of India (NRAI) released the NRAI India Food Services Report 2019 (NRAI IFSR 2019) on May 9, 2019 in New Delhi. NRAI IFSR 2019, considered a bible for the Indian restaurant industry, is a comprehensive compilation of data on India’s food service sector gathered from in-depth interactions with over 130 restaurant CEOs and 3,500 consumers across 24 cities in India.
The rich and varied regional cuisine of India is waiting to be marketed and created, and restaurants can play an important part in making India a greater tourism power. These views were expressed in Delhi by Amitabh Kant, CEO of NITI Aayog, while speaking as chief guest at the launch of the NRAI India Food Services Report 2019.
Kant, who has spent long years in tourism both in Kerala and at the Ministry of Tourism, told the National Restaurant Association of India members that he would take up the issue of making restaurant openings and operating easier with the State governments. He praised the 290-page report for its contents and production quality.
The CEO said that chefs are an important part of the industry and that in the growth story of the country, restaurants will play a vital role. After retail and insurance, restaurants are the third largest contributor to the economy and helps create jobs and has a multiplier impact.
NRAI President Rahul Singh quipped that the industry was much harassed, and unless things improve this year on the opening of restaurants, they may have to be replaced by the closing of restaurants next year.
Samir Kuckreja, past President of the NRAI, gave details on how the report was compiled, with inputs from a large number of people.