Hyderabad Calling: National Restaurant Association meets for the 1st time outside Delhi

The National Restaurant Association of India, founded in 1982 represents over 5,00,000 restaurants, QSRs, Bars, Cloud Kitchens and Catering, pan India. With an estimated annual turnover of INR 4,23,865 Cr the Indian restaurant industry employs over 73,00,000 people, making it the 3rd largest employer sector in the country.

By Newsmeter Network  Published on  7 Sep 2022 1:11 PM GMT
Hyderabad Calling: National Restaurant Association meets for the 1st time outside Delhi

The largest Conclave in the Indian restaurant industry, the Indian Restaurant Conclave 2022 (TIRC), will be held at the HICC on September 13, 2022. The Conclave will be hosted by the NRAI (National Restaurant Association of India) Hyderabad Chapter.

Minister for MAUD, I&C and IT for the Government of Telangana, KT Rama Rao, will formally open the one-day Conclave. The Conclave will feature more than 1000 attendees, including representatives from all segments of the restaurant sector, well-known Indian restaurateurs, foreign delegates, investors, and bureaucrats from around India. During the Conclave, NRAI will have its 40th Annual General Meeting. In its four decades of existence, the NRAI is holding its AGM for the first time ever outside of Delhi.

The National Restaurant Association of India, founded in 1982 represents over 5,00,000 restaurants, QSRs, Bars, Cloud Kitchens and Catering, pan India. With an estimated annual turnover of INR 4,23,865 Cr the Indian restaurant industry employs over 73,00,000 people, making it the 3rd largest employer sector in the country.

Speaking at the event Chef Shankar Krishnamurthy, Chapter Head, NRAI Hyderabad highlighted, "The organized Market Share of Restaurants in Hyderabad is estimated to be INR 6,037 Cr., with standalone Restaurants market share being INR 4,657 crores and Chain Restaurants being INR 1,380 crores. Sadly, today the unorganized sector has become the 'elephant in the room', that is not being addressed by anyone, the government, or the industry bodies. It is our endeavor to fuel the increasing innovation by the organized formats, to enable a rapid shift towards the organized segment."

Shaaz Mehmood, Chapter Founder NRAI Hyderabad & Managing Committee Member, NRAI – National; NRAI operates through 26 Chapters in various cities of the country; the Hyderabad Chapter was started in January 2022. The Organized sector of the Indian Restaurant industry is about INR 4,23,865 cr., the Hyderabad organized sector is about INR 6000 cr,"

He further stated that NRAI has always held its AGM in Delhi but this time it is being held in Hyderabad, out of Delhi.

The Indian Restaurant Conclave 2022 will present over fifty eminent industry leaders sharing their insights on topics impacting the industry. The Conclave additionally also offers over fifteen interactive F&B workshops with domain experts on diverse subjects like digital marketing, food styling, safety in food, financing, real estate, culinary, wine masterclass and more. A large exhibition area will showcase the latest technology and practices in the industry.

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