Westlife Development - Covid-19 Boosts Convenience Channels; Leads To Cost Optimisation: Motilal Oswal 
A customer carries take-out food from a McDonald’s Corp. restaurant, operated by Hardcastle Restaurants Pvt., in Mumbai, India (Photographer Dhiraj Singh/Bloomberg)

Westlife Development - Covid-19 Boosts Convenience Channels; Leads To Cost Optimisation: Motilal Oswal 

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.

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.

Click on the attachment to read the full report:

Motilal Oswal Westlife Development Company Update.pdf

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