F & B Equipment and Hospitality Sectors
F & B Equipment and Hospitality Sectors:
India is a major economy, showing consistent and substantial growth. In fact, India is the fastest growing economy in the world. The growing domestic / foreign business tourists have resulted in huge demand for star hotel properties which need high grade services and facilities for the guests. AAHAR is the largest and most well known event for sourcing F & B equipment and hospitality supplies and services in the sub-continent.
Indian hospitality industry is considered a major attraction for FDI. It is clocking CAGR of 14%. Foreign investors are keen to make use of this opportunity to satisfy the market needs. It has been estimated that more than US$ 6 billion FDI came into the country, in the hospitality sector, during the last few years.