Westlife Development - Covid-19 Boosts Convenience Channels; Leads To Cost Optimisation: Motilal Oswal
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Motilal Oswal Report
We hosted Mr Amit Jatia – Vice Chairman of Westlife Development Ltd. for a discussion on the near-term and long-term prospects of the business. Here are the key takeaways -
The frequency to eat out is increasing among Indian consumers, which bodes well for the informal eating out industry. Herein, western fast food is gaining market share with the increasing relevance and penetration of burgers.
This presents a strong structural opportunity for the McDonald’s franchise in India.
Covid-19 has led to a significantly increased focus on food safety and hygiene, which is benefitting organized players.
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