WHY MUMBAIMumbai stands as a pivotal hub in India’s food industry, supported by recent data and developments: Commercial Hub of India: Mumbai’s food services sector leads the nation, with the organized segment valued at ₹55,181 crores, making it the largest among India’s top 21 cities. Gateway to the Indian Market: The Indian food services industry is projected to grow at a CAGR of 8.1% from 2024 to 2028, reaching ₹7.76 lakh crores by 2028. Diverse Consumer Base: Mumbai hosts over 141,000 restaurants across both organized and unorganized sectors, catering to a wide array of culinary preferences. Robust Infrastructure: The city boasts premier venues like Jio World Convention Centre, equipped to host large-scale events with world-class Growing Food Industry: The Indian food services sector is the third-largest industry in the country, valued at ₹5.69 lakh crores and contributing 1.9% to India’s GDP.
Networking and Business Opportunities: Mumbai’s extensive network of restaurants and food service establishments provides ample opportunities for business collaborations and industry growth. These factors collectively underscore Mumbai’s significance as a central hub for India’s food industry, offering vast The Ultimate Destination for Food & Beverage Innovation. |
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