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analysisIBEFFriday, 10 July 2026

India's food services market projected to reach US$ 150 billion by FY31

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
India's food services market is projected to reach US$ 150 billion by FY31, supported by strong growth in online food delivery, organised food service brands and rising consumer demand for convenience-driven dining experiences.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedFriday, 10 July 2026
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Rs 11.11 lakh crore capital expenditure (2025-26)
Key Authorities
Ministry of Social Justice & EmpowermentNITI AayogMinistry of Road TransportMinistry of RailwaysNHAI
Key Stakeholders
BPL FamiliesSenior CitizensPersons with DisabilitiesCommutersTrucking IndustryRailways Employees
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Social Protection1080 tracked→Transport & Infrastructure173 tracked→
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