Indore is
economic capital of Madhya Pradesh; the city is famous for age-old culture,
wide range street foods and amazing destinations to travel. With a population
around 2 million, Indore is one of the most populous cities, moreover young
population is strong pillar of the town. Additionally, Multinational IT giants
like TCS and Infosys have founded the base; in fact Indore is ideal platform
for business related investment. In the course of past few years, fast food franchise sector is raising high due to presence of various brands that offer
hygienic and standardized food at reasonable rates. Today, Indian cuisines have
been appreciating all around the world especially the street foods such as
Bhell, panipuri, Chaat flavours, etc.
Food franchise
operators are targeting young consumer market as they spend more money on
eating-out. At present, people want to visit standard food service formats like QSR
(quick service restaurant), for example Chatar Patar foods Pvt. Ltd is fastest
growing brand that has expanded roots in popular Indian metropolitan towns. To
add more, local vendors also dominated the marketplace, many of them; have been
running business since a decade.
Key growth drivers
Consumption of
fast food, street foods & traditional cuisines speed up due to emerging
technologies. Foodservice operators like Food Panda, Zomato, Swiggy, etc. play
critical role in consumers’ daily routine life. Online delivery food system significantly
contributes to market growth, several small & medium enterprises develop
own food delivery platform to serve customer conveniently. However, takeaway
culture is also becoming popular; Chatar Patar’s hybrid model is low investment
it is based on takeaway system.
Globalization is
another factors that influence food franchise expansion, for instance local
consumers when travel across different nations they come to know about new food
concepts,they want to replicate same foodservice brands in their native place. Thus
global brands identified requirements of local people and easily establish
large network through franchising. Foodservice sector is offering phenomenal
low investment business opportunities, though intense competition budding in
local markets but there is scope for food operators that deliver unique
delicacies.
Indore is fastest growing metropolitan in India, in coming years there will be tremendous advancement in food service sector. In order to start own business you must know about what consumer want and how they spend. Chatar Patar is innovative& top food franchise brand based in Indore that offers fruitful business models and Invest low to Become boss of own business.
No comments:
Post a Comment