Aggregators are advancing their technology to bring in the accuracy of time. Previously, Zomato used to calculate KPT as the difference between the restaurants accepted order timestamp and delivery partner order pick-up timestamp.
Usually restaurateurs focus more on their food and ambience while coming up with their own venture. But they shouldn't forget that location should be the most important thing when they open a restaurant.
With every downturn in the business cycle, the established players who do not have deep pockets shut shop whereas the new entrants with fresh capital try to fill in the gaps left by such players.
The DoCA held a meeting on Thursday with restaurant associations and consumer organizations on the levy of service charge in hotels and restaurants. The meeting was chaired by Rohit Kumar Singh, Secretary, DoCA.
According to Daga, moment marketing is the need of the hour, and brands are investing a lot of money to create relatable content that will give a mileage to their brand on social media platforms.
As per DDC, there are around 20,000 cloud kitchens functioning across the city which provide direct employment to around 2 lakh people and indirect employment to at least 50,000.
Predictions by RedSeer Management Consulting reveals that the cloud kitchens are set to be a $2 billion industry in India by 2024, up from $400 million in 2019. Also the market value of cloud kitchens is estimated to reach $1.05 billion by the end of 2023.
According to new survey data, the overwhelming majority of restaurants in India have invested or are in the process of investing in new automation technology. Restaurant consultants in India believe it is a matter of time before food establishments in India follow suit.