With the daily life of working couples getting very hectic we see a rise in eating out and home delivery of food in India. The Indian Quick Service Restaurant (QSR) industry is considered to be around $1.6 Billion. The QSRs are growing at 20% per annum in India.
Last year Mint had carried an article about magazines in India planning on Indian language editions in order to increase their reach. Kind of late in publishing the summary of that article [Niche English magazines plan vernacular editions – no longer available on livemint.com] but better late than never, Read more on Marketsize of magazines in India…
Today’s Economic Times (July 29-Aug 4, 2012) covered about footwear market in India. Some highlights
- Total market size of footwear industry in India is Rs 26,300 crore, to grow to Rs 38,700 crore by 2015.
Recently a press release said bookmycab.com got a funding of Rs 5 crore (approx $900,000). Economic Times says the car and taxi rental service sector in India is valued at Rs 14,000 crore/ $2.5 billion (must be in terms of revenue).