Entering in its 9th edition Indian Restaurant Congress is the top business and knowledge sharing platform for the business of food and restaurant in India. The Indian Restaurant Congress has made a mark in the industry and is a key date marked in the calendar for people in the sector to join the only Food service business platform in India that talks about the Business of tomorrow. Themed as 'Business & Social Sustainability should go Hand in Hand for Restaurants' the show will attract more than 500 stakeholders and key thought leaders from top restaurants and F&B brands from Indian and Global markets.
In this age of unbridled innovation and unabated pursuit of optimal performance, disruption is the norm in the restaurant business in India. Unless the industry adapts to these disruptions — on multiple fronts — the future seems shaky, to say the least.
With the advent of web-based ordering and use of AI (Artificial Intelligence) and IoT (Internet of Things), digitalization has taken the food industry by storm. Food aggregators have already changed the dynamics of the business.
According to a recently released TechSci Research report, “India Foodtech Market Forecast & Opportunities, 2021", the food-tech market in India is projected to grow at a CAGR of over 12 per cent during 2016 - 2021. Backed by growing internet penetration, increasing smartphone users, a proliferating e-commerce market along with a rising young working population, the food-tech market is in full bloom in the country and beyond.