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Industry revenue is estimated to grow by 20-25 per cent in FY2024 over FY2023, driven by improving average daily sales (ADS) and store additions
, , india, Quick-service, Restaurant Industry, strong growth, medium term, icra
The Indian quick service restaurant industry is set to witness strong growth in the near to medium term with expected ramp up in store additions. This industry s revenue is estimated to grow by 20-25 percent in FY 2024 over FY 2023, driven by improving average daily sales (ADS) and store additions