Disruption Reshaping The Restaurant
Industry
Indian Restaurant Congress 2015
- Conference - Awards & Exhibition
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| Lamp Lighting Ceremony ( Mr. Amit Burman, Mr. Riyaaz Amlani, Mr Gaurav Marya(back) , Mr Sunil Kapur) L -R |
New Delhi, 26th Aug, 2015 – Disruption is the current wave, effecting growth of Indian
Restaurant industry in 2015. With many new food players entering the Unicorn
club, “5th Annual Indian Restaurant Congress”, themed ‘Disruption’ discussed
all related topics behind this wave. The conference was held on the 25th
& 26th August 2015 at JW Mariott, New Delhi.
With over 500 + Restaurateurs in Presence
and 100 + Restaurant industry Leaders and Chefs speaking at the congress, it
was the biggest ever Restaurant show held in the country. Commenting on success of the event Mr.
Gaurav Marya, Chairman, Franchise India, said, “Restaurant and Food service
is the only industry, which has truly benefitted on the back of ecommerce onslaught in India. Three important
elements for the industry to achieve are Scalability, consistency and Profitability
in the disruptive brands and business models and keep our Indian substance
–which is food and warm hospitality. It is necessary to distinguish between
fads more enduring consumer mega trends”
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| Audience |
Indian
Restaurant Congress 2015 was Chaired by Mr. Sunil
Kapur, Chairman, K Group, Addressing the audiences at inaugural session, he
said, “Restaurant business is all about partnerships and
relationships. The constant change with lots of innovation along with Recipe
recreation, menu Tweaking, adaptation of trendy design and technology is a must
for continuous growth in this business as eating out is a way life
and not just an occasional treat.
The International Guest of Honor Mr.
Enam Ali, Founder, Le Raj, The British Curry Awards & Spice Business
Magazine from UK & Represents the interest of the Indian, Bangladesh,
Pakistani and other Asian countries Restaurant leadership in UK was present on
the occasion and he shared the issue of shortage of Indian curry chefs in UK,
for which industry has made special request to UK government to bring
flexibility in immigration laws, it will allow the industry to fulfill the
demand, which is under threat of talent
shortage
Commenting on the same Sh. Rajiv Pratap
Rudy, Honorable Minister, Ministry of Skill Development and Entrepreneurship commented,
“Restrictions on the immigration
work force in United Kingdom is having an overall effect on the economy there.
Shortage of trained workforce is seen all across the U.K. and is a major
constraint for economic development. There have been references' earlier for
giving permits to the curry chefs. This, in particular, is one important area
where the shortage may substantially affect the taste buds of the people in
U.K. India
& U.K. have a traditional culinary connect, which shouldn’t be allowed to
die out. Surely, if we get any requests from Indian restaurant owners our
foreign office would be more than eager to approach the British Government”.
Bizruption (Business Disruption) within the Restaurant industry, was the highest
talk point of the conference, which is targeting a growth of CAGR 17 per cent
annually followed by Youngruption (Young consumer disruption), where 50 per cent
of the people eat outside at least eight times a month and the Techruption, (as Digital
disruption) is peeping hot! With food-tech players getting thumps up.
Addressing the audience with an overview of
the restaurant and food industry, Mr. Riyaaz Amlani, President National
Restaurant Association of India & MD, Impressario Hospitality added,
"We're on the verge of our own renaissance. In terms of size-We're bigger
than telecom and Bollywood industry only second to insurance and retail. The
organized market is slated to be worth Rs. 167,000 Crores by 2018, which makes
it all the more exciting to be a part of this industry right now. There are
challenges acting as hurdles for aspiring restaurateurs, the biggest being
government and regulatory issues. Many rules and regulations related to
licensing, permissible drinking age, use of open spaces etc. are archaic and
don't make sense today and need to be addressed immediately."
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| Speakers ( Mr. Amit Burman, Mr. Riyaaz Amlani, Mr Sunil Kapur ) L-R |
Mr. Amit Burman, MD, Lite Bite Foods Said, “Technology
has helped in scaling and growing of the restaurant business. We at Lite Bite
Foods have almost 3-4 % of our sale coming from home delivery and new age
orders.”
Mr. Priyank Sukhija, Owner, Lazeez Affaire Group said,
“Restaurant industry is one such industry in India which is recession free and
has brought the country on the world food map. Meanwhile we are continuously
focusing on introducing new concepts and youth centric brand that can create
entertainment along with food as eating out is no more a celebration in itself.
Mr. Akshay Bector, Chairman & Managing Director, Cremica Food
Industries Ltd. Commented that if industry has to scale up, bringing
standardization in food is very important and this means that Restaurants
should work on customization of their product to be able to take it not just in
the Indian geography but across the world.
Leading Investor’s and funding
community presented at the show and talked on the real need for capital rising
in the industry to which Mr.
Pramod Arora said, “Evolution is the key to survival but innovation is
the road to success. Most service industries are moving ahead from mere
survival tactics to innovative and sometimes disruptive approach. For the
F&B and restaurant industry it's clear that's it's not only about an
elegant dining experience but much more, it's about being a part of a
performance and an experience to a happy meal."
Rahul Rai of Rabo Equity added,
“Investment in the food business is the part of larger theme. There has been
almost 5mn dollar invested in 5 years in food business Alone. And in India
about 30 companies have got investment in last 5-6 years.”
Including Mr. Hemendra Mathur, Managing Director, SEAF
India Investment Advisors, Mr. Pramod Arora,
Director, Everstone Capital Advisors & Managing Director- F&B Asia
Ventures (India) Ltd., Mr.
Rahul Rai, Partner & Senior Vice President- Investments, Rabo
Equity Advisors Pvt. Ltd.,
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| Speakers - Mr. Priyank Sukhija, Mr. Zorawar Kalra , Mr. Mohit Khattar, Mr. Vikrant Batra, Mr. Alpha Maiaya and others |
Other Prominent speakers, at the event included - Mr.
Mohit Khattar, Managing Director & CEO, Nature’s Basket,
Mr. Vikrant Batra, Owner, Café Delhi Heights & Café Terminus 1, Mr. Ashish Saxena,
Executive Director & CEO, Tex Mex Cuisine India (Chili's- South & West
India), Mr. Alpha Maiava, Franchise Sale & International Growth, Sumo
International Inc. (Sumo Sushi & Bento), discussed food disruption.
FoodRuption (Food disruption) was discussed by top chefs
led by Master
Chef Sanjeev Kapoor, Celebrity Chef, Entrepreneur, Masterchef Judge, Chef Vicky Ratnani, Culinary
Director, Celebrity Chef and Author, Chef Manish Mehrotra, Celebrity Chef & Corporate Chef-Luxury Dining,
Old World Hospitality Pvt. Ltd.
While celebrity Master Chef Sanjeev Kapoor, Entrepreneur
& Masterchef Judge lamented “Restaurant business has been consistent in my view
though the return ratio is not very attractive because the money, the everyday
effort that you put in this business doesn’t bring you a fruitful result
always. However, I believe, ‘Efficiency’ in the business is the need of the
hour”.
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| Chef Vicky ratnani, Chef J.P. SIngh, Chef Sanjeev Kapoor, Chef Manish Mehrotra |
While Chef J P Singh, Executive Chef, ITC Maurya-Bukhara
shared that Bukhara maintains its menu over the last 25 years and that is its USP,
Chef Manish Mehrotra from Old world Hospitality and heads the Award winning Restaurant
Indian Accent said, “Authenticity is a very subjective
word and when you prepare food, similar dishes can be prepared in many ways,
and it becomes really difficult to describe what authenticity of food is. At my
restaurants, I never compromise on taste of the food. So, according to me,
taste is the most important thing and after that you can do anything with the
dish.” Chef
Saby was of the opinion that Slow cooking needs to be re-looked at Restaurants
once again as Indians would always continue to appreciate fine food.
Technology
disruption was discussed by top Young restaurant entrepreneurs &
leading technocrats including Mr. Alok Jain, Founder, Yumist, Mr. Mohit Sharma, Founder & CEO, Romio Technologies, Mr. Vivek
Kapoor, Co-Founder, Dineout, Mr.
Arpit Agarwal, Co-Founder-OneLoyalCard & Director-Globe Capital Market Ltd., Mr. Mohit Kumar, CEO & Co- Founder, Roadrunnr, Mr. Manish Agarwal, Chief Executive
Officer, Gati Kausar, Mr. Kapil Malhotra, Founder & MD, Total Solutions
Group of Companies, Mr. Vaibav Kumaravel, Partner,
The Chinese Story, and many more
Speaking on the subject WESTERN BRANDS UNFOLDING SUCCESS IN INDIA , Mr. Ashish Saxena, Executive
Director & CEO,Tex Mex Cuisine India (Chili's- South & West India) “There
is big opportunity for casual dining and fast casual chains in India with
brands like TGIF, Chili’s, Wendy’s amongst others heating up the restaurant
industry. Though the opportunity is very huge at this point of time, but we as
a brand have grown slowly in last few years”.
About Franchise India Media
Indian Restaurant Congress 2015 was organized by Franchise India. The Conference, Exhibition, &
Awards, was successful in creating
a good platform for Restaurant Entrepreneurs, Food technology Startups, Professionals, Investors, and CXOs of leading
organisations, and network in cohesive business environment. Leading industry bodies including NRAI, TIE, and HOTREMAI
supported the show.
Franchise India Media is amongst one of the
largest Business Publishers & Event organizers in India
with four leading business magazines - The Franchising World,
Retailer, Entrepreneur and Estate World. In addition, the Digital arm of our
media business is emerging as one the strongest online consumer business
media with world’s highest visited franchise portal www.franchiseindia.com. In addition
to this we have 7 leading industry portals across consumer segment.
Franchise India events is the Business events arm of the group which organizes
over 150 events every year across 78 cities in India and overseas. These events
range from small CXO & entrepreneur round tables to
industry conventions and large trade shows engaging close
to 3,00,000 CXOs and entrepreneur exchanging Business Ideas, trade
opportunities and Knowledge capital.
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| Awards Ceremony , Delegate Pass (moi) |
Coverage By : Vickrham (vicky) TWCI - The Writers Collective of India
email : vickrham.m@gmail.com