![]() Thanks to the rising incomes, rapid urbanization, increasing working population and technological advancements, more Indians are eating out in restaurants. Despite the hardships and challenges faced by restaurant owners in recent years, opening a restaurant in the near future would bring a host of new opportunities for budding restaurant owners. It is expected to reach INR 5.99 lakh crore by 2022-23, growing at a compounded annual growth rate of 9 percent, as per the National Restaurant Association of India (NRAI) report. The Indian Restaurant Market is one of the fastest-growing in the world. In this article, we discuss in detail how to start a restaurant business in India in 2023. ![]() ![]() If you too have nurtured a lifelong ambition of starting up a restaurant or are currently in the middle of setting up your first restaurant, then this article is just for you. Despite the substantial risks and the tough hours, owning a restaurant business is one of the most rewarding experiences of your life.
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