NEW DELHI: After a tough year when the rollback of the input tax credit, inflation, and policy restrictions hit profitability, the restaurant sector is seeing a revival in growth across formats, industry officials said.
“The rollback of the input tax credit isn’t an ideal situation but it pushed us to look for increased efficiencies across the board. That consumer sentiment has revived and people are eating out more across formats, from quick service to fine dining to delivery, is helping,” said.
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