At a time when India's economy is experiencing a slowdown and many sectors are struggling to grow, one sector that has bucked the trend and is growing rapidly is organised fast food outlets, also called quick service restaurants (QSR). CRISIL Research, one of India’s largest independent and integrated research houses, estimates that the QSR market will double to around Rs 70 billion in 2015-16 from Rs 34 billion in 2012-13, driven largely by new store additions.
|