Food Service Market News
Is that paneer artificial or milk-based? Govt wants to know
India is developing guidelines for eateries to declare whether it uses genuine paneer or artificial substitutes.
2 min read28 Apr 2025Wow! Momo dishes out plans for expansion across brands, FMCG vertical ahead of going public
Wow! Momo is targeting ₹1,000-1,200 crore in revenue and ₹50-80 crore ebitda by 2027. The company's FMCG division has achieved ₹60 crore in revenue.
3 min read29 Jan 2025India’s quick food delivery face-off: Whose data is it anyway?
If quick-food platforms are breaking the rules of fair competition, as restaurants allege, they should be hauled up by antitrust authorities. But data-driven innovation is welcome. It will favour consumers and help the Indian market evolve.
3 min read13 Jan 2025Lab grown meat, dairy, and egg products issue reaches India’s apex food regulator
The FSSAI is set to address the regulation of lab-grown meat, dairy, and egg products amid public health and sustainability concerns. Former minister Maneka Gandhi's PAPPF has urged for clear guidelines as India sees growing interest from global firms in alternative proteins.
1 min read18 Nov 2024Zomato vs Swiggy: Who is leading the fight in food delivery and quick commerce? Motilal Oswal decodes
Motilal Oswal Financial Services analysed Swiggy and Zomato's competitive landscape, noting that Zomato is the current market leader in the food delivery segment. However, Swiggy's innovative strategies could spark a shift in dynamics as both companies vie for urban consumers' wallet share.
3 min read9 Oct 2024India is the next great cheese frontier
Paneer is old news. A new generation of Indian cheesemakers is wowing global palates with their Gouda and Edam.
7 min read28 Sep 2024How dining and events could be Swiggy’s next growth engine
Swiggy’s out-of-home consumption vertical shows modest progress despite a late start, thanks to Indians’ growing desire for experiences.
6 min read27 Sep 2024FSSAI directs state/UTs to keep vigil on sale and manufacturing of sweets and milk-based products during festivals
Preventive actions including special surveillance and enforcement drives can ensure the safety of food products, the regulator said.
1 min read13 Sep 2024IPO-bound Rebel Foods’ losses shrink to ₹378 crore in FY24
Rebel Foods doubled down on its omni-channel cloud kitchen approach last fiscal and aims to break even soon.
1 min read30 Aug 2024Food services sector to grow by 8.1% CAGR between 2024 and 2028
India’s food services industry is expected to reach ₹7.76 trillion by 2028 from the current ₹5.69 trillion, growing at a CAGR of 8.1%, according to the India Food Services Report 2024
2 min read9 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared