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Food services industry to play critical role in India's growth, says Niti CEO Amitabh Kant

As per reports, Niti Aayog’s CEO, Amitabh Kant quoted at National Restaurant Association of India’s event that the food services and restaurant industry is likely to play a critical role in pushing India's economic growth. He also pointed out that the restaurant industry is the third largest after retail and insurance in the services sector.

"If India was to grow from 7.5 per cent to 9-10 per cent, the restaurant industry will be very critical drivers of growth story and thereby the food services industry will be main drivers of India's growth," said Amitabh Kant.

He further stated, “there will be a huge food revolution India and it will be driven by Indian entrepreneurs and chefs adding that Indian regional cuisines will make a major impact on global market in the days to come.”

Amitabh Kant also gave technology it’s due in the hospitality sector and quoted, ‘digital technology has played and will pay a great role in the expansion of restaurant industry.’