'The State of NonCompliance in the QSR Industry' report by recruitment and human resources services company TeamLease elaborates on the compliance issues faced by quick service restaurant (QSR) industry in India which affect employee satisfaction and performance.
The report provides a breakdown of the food services market in India, focusing on the QSR sector's overall outlook. It also offers comprehensive insights into the QSR industry workforce, detailing average tenure, attrition rates, salary structures, incentives, and statutory benefits.
Operating Models in the Market
The Food Services market in India has transformed from traditional, family-run businesses to international partnerships with diversified and integrated business models. Initially, international brands focused on Master Franchisee concepts and were hesitant to invest directly in the country. However, with the success of numerous restaurant chains and Indian entities seeking to balance risk, companies have begun exploring new operating models such as full ownership and Joint Ventures (JVs).
The operation of players in the Indian Food Services market can be categorized into four key business models:
> Master franchise model
> Company owned & franchise operated model
> 100% company-owned
> Joint venture
Categorisation of Food Service Market
Unorganised Market: Includes roadside eateries and dhabas which have been the most common eating-out option.
Average Spent per person: Between ₹10- ₹100
Restaurants/Hotels: A fullservice restaurant with premium interiors, specific cuisine sepacialty and high standard of service mainly present in good and premium hotels.
Average Spent per person: >10₹100
Organised Segment:
Esta historia es de la edición August 2024 de Images Retail.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición August 2024 de Images Retail.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Leading The AI Revolution In Retail
As a leader in AI-driven retail intelligence, Sadique Ahmed, CEO, Pathfinder, understands the power of technology when it comes to improving and personalising the shopping experience for all.
Flipkart Deployed Over 10,000 Electric Vehicles in the Delivery Fleet
E-commerce major Flipkart on Monday said it has deployed over 10,000 electric vehicles (EVs) in its delivery fleet as part of a phased integration of EVs in the last mile delivery over the past few years.
Trent Q2 Profit Grows 47% to 335 Cr
Tata Group retail firm Trent Ltd. reported a 46.9% growth in its consolidated net profit to ₹335.06 crore for the second quarter ended September 2024.
Zomato, Swiggy Hike Platform Fee in Certain Cities Amid Festive Season
Online food delivery platforms Zomato and Swiggy hiked platform fees in certain cities amid the festive season. The two rivals are now charging ₹10 as a platform fee in the national capital.
The Evolution of Retail in North India
Emerging Hotspots, the Rise of Malls, and the Impact of the Residential Property Boom on the Region’s Retail Landscape
Madan Retail: Fashion for Today's Man
With a rich legacy and a keen eye on future trends, the brand continues to innovate and expand, meeting the evolving needs of its customers
Special Events in Malls
Giant Peacock, Lotus, and Swan: Orion Malls' Festive Spectacle
Building a Retail Legacy on Efficiency
Founded by Hemant Agarwal and Rahul Jhunjhunwala, V-Bazaar began operations in May 2016, opening its first store in Lakhisarai, Bihar.
From Urban Trends to Rural Aisles
V-Mart, a pioneer in the value retail segment, was founded by Lalit Agarwal in 2003—well before value retail became a widely recognized term.
Defining Elegance
Dennison has carved a niche in the menswear market with a diverse range of formal and semi-formal pieces priced between ₹999 and ₹3,999.
