A new report by RNCOS, a global market research analysis organization, shows that India is one of the fastest quick-service markets in the world with an annual growth rate of 25 to 30 percent.
Many of the world’s leading QSRs have created a successful presence in the country.
In addition, those restaurants currently in India are planning to expand across the country. For example, Yum! Brands Inc. is planning to open 1,000 outlets by 2015 across India.
According to RNCOS’s new research report “Indian Fast Food Market Analysis,” although the market has seen substantial growth, it is mostly concentrated in metropolitan cities. However, the report suggests there’s room for growth in tier-II and tier-III cities.
The report offers in-depth research and objective analysis about the quick-service growth. The report analyzes vital industry trends and potential growth areas for future expansion. The report also identifies leaders in the industry and gives details about their business expansion.
For more information, visit the RNCOS Web site.
