The National Restaurant Association of India (NRAI) has launched its Hyderabad Chapter. The association, which represents 5 lakh-plus restaurants nationally, is looking to facilitate global brands’ investments into the Hyderabad food and beverage industry.
Jayesh Ranjan, Principal Secretary, Industries & Information Technology department, Telangana unveiled the Hyderabad chapter and is also the Advisory Body Member for the NRAI Hyderabad Chapter.
“An Association of national repute like National Restaurant Association of India establishing a Hyderabad Chapter is an important milestone for the sector. In the last two years due to the pandemic like all other sectors hospitality sector too suffered immensely, but still the restaurant associations came forward and contributed their bit through various CSR initiatives,” he said.
The NRAI Hyderabad Chapter, which currently has 250 members, intends to have 2,000 members on board in a year’s time and later spread its wings across Telangana. As per NRAI India Food Services Report 2019, the organised market share of restaurants in Hyderabad is Rs 6,037 crore with standalone restaurants market share at Rs 4,657 crore and chain restaurants at Rs 1,380 crore.
NRAI Hyderabad Chapter head Shankar Krishnamurthy and co-chapter head Sampath Tummala were also present at the event.
