International restaurant brands in India see growth due to tax cuts and more women entering the workforce.

India's restaurant industry is recovering, driven by increased discretionary spending, demographic shifts, and more women in the workforce. International brands are gaining an edge due to their broad appeal and ability to operate profitably in lower-rent areas. Macquarie Equity Research suggests that upcoming tax cuts in the Union Budget could further boost the sector by increasing consumers' spending power. The report remains optimistic about the long-term prospects for these global brands in India.

January 15, 2025
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