For restaurateurs, it's an open and spurt case: Record number of new eateries, watering holes coming up
new restaurants, pubs, bars and cloud kitchens will be opening their doors this quarter across metropolitan cities as well as tier II-III towns for the New Year.
Restaurateurs told ET they are looking to capitalise on the highest demand they are seeing since the pandemic.
MMG Group, master franchisee for burgers-and-fries chain McDonald's in the north and east, plans almost as many new QSRs in the current quarter alone as in all of the previous year.
«We will be opening 18 outlets in this quarter across New Delhi, Kolkata, Punjab, Haryana, Himachal Pradesh, Uttar Pradesh and the Delhi-Mumbai Expressway (area),» said Sanjeev Agarwal, chairman of MMG Group and McDonald's India North and East.
The chain added 19 outlets in calendar year 2022.
Zorawar Kalra, founder of Massive Restaurants that owns brands such as Farzi Cafe, Masala Library and Bo Tai, said he expects to end the year on a «record high,» and will open 30 cloud kitchens this quarter, besides launching new restaurants in Bhopal, Chennai and Raipur.
«We are expecting our best-ever December this year as we foresee a major uptick in demand.
