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

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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

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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