Home-grown as well as international restaurant chains present in both high street locations and malls represent the organised food and beverages (F&B) services retail sector. The organised F&B sector is in its growth phase and offers opportunities across a variety of retail formats like fast food restaurants, multi-cuisine food courts, home delivery formats etc. The Indian F&B services sector is estimated to be worth Rs.70,000 crore in 2007, at current prices, out of which about Rs.5,750 crore is accounted for by the organised sector. This is roughly 8.2 percent of the market being organised as compared to just 6.9 percent of the market being organised in the previous year. This F&B services sector has increased its share from 4.7 percent of the total Rs. 1,200,000 crore retail market in 2006 to about 5.26 percent of the Rs. 1,330,000 crore retail market in 2007, as per preliminary estimates. |