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food franchise opportunities in india

Consistently developing Indian economy has offered various growth opportunities to street food franchise start-up. Decisions like demonetization and GST (goods and service tax) will definitely create new opportunities as well as encourage young professionals towards developing technology savvy concepts. Over the past two years food industry is taken to new level by evolving food-tech start-ups, according to surveys there are approximate 200 new companies that utilize online platform to deliver foods at every door step within limited time zone. Be it fast foods, traditional Indian cuisines, breakfasts or snacks are served to customers effectively through online and mobile food services. Technological advancement has given new pace to street food franchise sector as well. Now local vendors are allowing online start-up companies to list products on their websites. When customers get home made foods at reasonable prices with quick services, they are happy and want to utilize facilities with great acclaim.
Street foods are heart of food varieties and also favourite food destination of Indian middle class. Vada pav, panipuri, bhel and chaat offered at reasonable prices by local vendors. Now it’s time to change gears to match with fast-paced environment. According to food experts, India is land of opportunities because changing demographics, improving income level, urbanization and consumption pattern are underlying contributing hugely to food and drinks industry growth. In addition, entry of Multinational Corporation has brought quick services restaurant chains and food court culture into Indian sub-continent. Still semi-urban and rural areas are untapped opportunities needed to be capitalized in coming years. Food franchise companies have come forward to deliver fast services coupled with quality and fresh foods to busy consumers. For example, start-ups have made tie up with corporate offices to deliver breakfast and lunch to techies. Hence huge growth is expected to achieve year-by-year with new concepts and innovations developed by start-ups.

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