Food for thought

A new report shows Indians are not spending much on eating out, and even less when it comes to high-end restaurants

The country’s food services sector, pegged at more than Rs 4 trillion, grew at 11 per cent in the past three years and is projected to reach close to Rs 6 trillion by 2022. That’s a sunny outlook by a leading industry association, but there are pointers in its 300-page latest report that show Indians are perhaps not spending much on eating out, and even less when it comes to high-end restaurants.            

There are at least five reasons to believe that the country’s food services market could be much more vibrant than it is now. First,