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Indian food services mkt to grow at 10%, reach Rs 5,52,000 crore by ’22
Our Bureau, New Delhi
The food services sector has emerged a key segment in the Indian economy. The Indian food services market (which comprises both the organised and unorganised segment) is estimated to be worth Rs 3,37,500 crore in 2017, and is projected to grow at a compound annual growth rate (CAGR) of 10 per cent over the next five years to reach Rs 5,52,000 crore by 2022.