India becomes the new fast food destination
India's quick-service restaurant chains business is expected to grow eight-fold to $5.6 b by 2020 from $720 m in 2011, at a CAGR of 27 per cent.
MNCs and Indian chains Domino's, McDonald's and Nirula's are all eying this segment, which is being driven by rising disposable incomes, increasing urbanisation and a younger population. Here's a look at India's fast food market:
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