India QSR Story - Tempting Prospects: Nirmal Bang

A chef assembles a burger. (Photographer Andrey Rudakov/Bloomberg).

India QSR Story - Tempting Prospects: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

The entry of international brands of Domino’s and McDonalds’s in India during the mid-1990s marked not just the emergence of the quick service restaurant format, but also paved the way for the growth of the organised food services industry in India, which was basically non-existent in the country.

The QSR format seems to be the perfect mix of maintaining decent consumer connect along with being lucrative.

Thus, over the years it has become an integral part of the industry as depicted by its ~11% contribution to the overall organised segment.

Over FY14-FY20, the QSR format grew at a compound annual growth rate of 19.1%, ahead of the chain market’s growth of 17.6% and much ahead of the overall organized market’s growth of 12.9%.

Click on the attachment to read the full report:

Nirmal Bang QSR-Sector-Thematic-Sector-Update--7-June-2021.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.