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Against the grain

Even as the future of food businesses looks dire in the face of pandemic-related restrictions, new restaurants are opening their doors against all odds. But, why now?

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The Coronavirus pandemic has hit most industries, but few have felt the impact as acutely as hospitality. The Indian hotel industry has taken a hit of over R1.30 lakh crore in revenue for the fiscal year 2020-21 due to the pandemic, according to the Federation of Hotel and Restaurant Associations of India (FHRAI). The sector saw a glimmer of hope as cases dropped sharply in the country after the first wave, only to be thrust back into an existential crisis. Why, then, would somebody want to open a restaurant during the most unpredictable time in recent history? 

Three restaurateurs who have launched their brick and mortar establishments in the last one year talk about the economics of taking the plunge.

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