India: Food Service - Hotel Restaurant Institutional

  |   Attaché Report (GAIN)   |   IN2022-0093

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India: Food Service - Hotel Restaurant Institutional

India’s hospitality sector, which was severely impacted by the COVID-19 pandemic, has now recovered to pre-pandemic conditions and sales. The hotel, restaurant and institutional sector owes its rapid recovery to domestic travel and a return to in-person dining and catered events. By the end of 2022, a continued reduction in COVID-19 cases combined with improved consumer confidence for dining out, will drive demand for imported food products. Opportunities for U.S. exporters continue to remain in high-value consumer-oriented food products, including tree nuts, fresh fruits, wines, distilled spirits, condiments, and processed foods. However, high food price inflation, a sharp weakening of the rupee, and continued supply chain challenges may impact demand for imported food products in India.

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South and Central Asia, India

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