ICRA projects 20-25% growth for India's quick service restaurant industry in FY24

"On the back of a robust industry revenue expansion of around 30-35 per cent in YoY terms estimated for FY2023, ICRA projects growth to moderate somewhat while remaining strong at 20-25 per cent in FY2024 on account of the demand uptick and increasing penetration driven by a rapid expansion of stores," the rating agency said.

from Industry-Economic Times https://ift.tt/JxDOAMZ
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