Hiring, investments to make gradual return after sweeping reforms for restaurant sector – Economic Times

Restaurant News

Executives said however, revival would be gradual, and will also depend on reductions in cases of the Covid-19 pandemic, which is directly proportional to consumer confidence returning.

SynopsisPrior to the pandemic, industry body NRAI estimated that the Rs 4.25 lakh crore sector employed over 7.3 million people.

Hiring is set to pick up in the restaurant sector, the country’s second largest employer,after six months of downturn and investments too are expected to restart, though gradually, after the Delhi and Mumbai governments announced sweeping reforms in the sector this week. Both Delhi and Mumbai are leading eating-out markets in the country.“We will step up employment in markets where we can now operate round-the-clock; we will be able to open

Share This Article

  • GIFT ARTICLE
  • FONT SIZE

  • SAVE
  • COMMENT

To Read the Full Story, Become an ET Prime Member

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Access the exclusive Economic Times stories, Editorial and Expert opinion

Already a Member?

Why ?

  • image

    Sharp Insight-rich, Indepth stories across 20+ sectors

  • image

    Access the exclusive Economic Times stories, Editorial and Expert opinion

  • image

    Clean experience with
    Minimal Ads

  • image

    Comment & Engage with ET Prime community

  • image

    Exclusive invites to Virtual Events with Industry Leaders

  • image

    A trusted team of Journalists & Analysts who can best filter signal from noise

Source: Thanks https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hiring-investments-to-make-gradual-return-after-sweeping-reforms-for-restaurant-sector/articleshow/78554951.cms