NRAI to host Indian restaurant Conclave 2022 in the city

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Hyderabad: The Municipal Chapter of the National Restaurant Association of India (NRAI) will hold an industry event “Indian Restaurant Conclave 2022” on September 13 at HICC. The food industry is preparing to emerge from the lockdown crisis.

The Indian restaurant industry has been extremely affected by the pandemic. In 2020-2021, India’s food service industry shrunk by 53% and about 25% of food business operators permanently closed their stores, resulting in job losses of about 24 lakh.

However, the food service industry is regaining its feet and is expected to become a Rs 4.72 lakh cr industry soon, said NRAI Hyderabad Section Head Shankar Krishnamurthy.

“The organized restaurant market share in Hyderabad is estimated at Rs 6,037 crore. Of this total, the market share of stand-alone restaurants is about Rs 4,657 crore and chain restaurants about Rs 1,380 crore. Unfortunately, the unorganized sector has become the ‘elephant in the room’ which is not being addressed by anyone, including industry bodies,” he said when announcing the conclave. It will be inaugurated by the Minister of Information Technology and Industry, KT Rama Rao.

“Some of the additional measures we expect from different governments are relief from over-regulation and over-licensing and other challenges,” he said.

NRAI has over five lakh restaurants, quick service restaurants, bars, cloud kitchens and catering across India. With 73 lakh people working, the hospitality industry is the third largest employer in the country.

“Many international and domestic brands are likely to announce their plans for Telangana during the conclave,” said Shaaz Mehmood, Founder of NRAI Hyderabad Chapter. The conclave will feature workshops on digital marketing, food styling, food safety, financing, real estate, cooking, wine masterclasses and more. It will also showcase the latest technologies and industry practices.

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