Quick Service Restaurants (QSR)

In India, about Rs 35,000 crore is spent annually on eating out. About Rs 2,500 crore is spent at quick service restaurants. The organized fast-food business in the country is estimated at over Rs 2,000 crore, and is growing at 40 per cent. Also, there are about 100 million potential fast food customers. A retail survey shows that 85 per cent of the consumers in the top 12 cities of the country eat out at least once a month, of which 36 per cent spend between Rs 200 and Rs 500 on one occasion. So it comes as no surprise that many players - both domestic as well as international - want to grab a slice of the rapidly growing QSR pie. The following are the players:

  • Indigo Hospitality Pvt Ltd
  • Chopsticks Express and Kwality Express (joint venture)
  • Fast Trax Food Pvt Ltd, Hind Group
  • Dixy Chicken will open its first outlet in Chennai this month and has 100 stores planned across the country
  • Gloria Jean's plans to open the first of its planned 300 outlets by September.

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