Around 40% of restaurants may shut down permanently: Zomato report

Food delivery segment likely to bounce back to pre-Covid level in the next 2-3 months

Even though the food delivery industry has recovered to some extent and would take two-three months to reach the pre-Covid levels, the dining out category, which has been impacted the most, has forced many restaurants to shut down.

According to a report by food delivery and restaurant discovery firm Zomato, 40 per cent of the dining out restaurants may not reopen at all owing to the disruption caused by the Covid-19 pandemic. The Zomato survey found that currently only around 17 per cent of the dining out restaurants are open for business, while another 43 per cent are expected