Has India been burger-deprived? Like cricket, is the burger that was born elsewhere finding its raison d'être here? What has made Indians queue up for openings of commonplace Burger Kings and Wendy’s? Indeed, what is so special about chewy buns with super-slim reheated frozen patties sandwiched in between? Well, going by recent trends, where the opening of one burger-centric eatery after another is drawing crowds like there is no tomorrow, this very West-born product is here to not just stay, but take a considerable bite of the Indian eating out market.
The burger also comes with the promise of achieving that elusive combination delivering a tasty (even soulful), veggie-friendly and occasionally, even an affordable snack. Has the burger become the new samosa - at once mass but also capable of being served bespoke? Taking over from not-so-distant cousins pav bhaji and bun omelette varieties — that are established Indian street food groups in themselves — looks like a medium-term if not near-term possibility.
A quick look around provides a sense of the change happening at a mall near you. Globally, the tendency may be to move away from ‘junk’ food; in India, just the reverse is happening. For India’s vast hinterlands coming into their first disposable incomes and seeking to aspire for more than the street-side samosa, the burger is often the first option.
For all the health food movements around, the QSR format is king at the moment, at least in India. And that’s where the chains are looking to cash in as the Indian food market grows at an estimated 15 to 20 per cent annually. Exact figures are impossible, though market research firm Crisil forecasts that the fast food market in India will touch Rs 7,000 crore by 2016.
هذه القصة مأخوذة من طبعة September 21, 2015 من Businessworld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 21, 2015 من Businessworld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders