Business Loss

National Restaurant Association of India is the voice of the Indian Restaurant Industry. Founded in 1982, it represents the interests of 500000+ restaurants. The Restaurant Industry with an annual turnover of approximately INR 4.25 Lakh Crore and providing direct employment to over 7 million Indians is currently in a very precarious situation due to the restrictions imposed on account of the third wave of the pandemic.

NRAI has written individually to all prominent Mall Owners and an open letter to other Landlords suggesting certain immediate measures to prevent instant death of businesses, which leave behind a trail of unfulfilled dreams, job losses and lastly, massive unwanted litigation.

Kabir Suri, President of NRAI said, While the first two waves of pandemic crippled us badly and resource crunch forced many restaurants to shut down, we see a larger concern with this third wave as it may actually hurt consumer sentiments in the near term which is already visible. NRAI will soon initiate similar proactive dialogues with other stakeholders in the Food Service space such as Aggregators, various State Governments and the Union Government.