ilmscore | How to set up a restaurant/cafe in India: Insider tips ft. F&B Expert Pravesh Pandey

Predictions from this Video

Total: 5
Correct: 2
Incorrect: 2
Pending: 1
Prediction
Topic
Status
The craft bottled beer business in the alcohol industry is perceived as interesting by investors, but is predicted to not be a hit.
"Food wise, the craft bottled beers business in alcohol seems very interesting in the eyes of investors, but I think it is not a hit."
Craft Bottled Beers
Incorrect
The food industry will continue to thrive, with technology and robotics streamlining processes, reducing manpower dependency, and automating cooking.
"food, clothing and shelter are always sold. Yes, they are sold and will always be sold. The only thing that is going to happen is that due to technology, things are going to become easier. Processes are going to become much easier. Dependency on manpower will reduce a bit because your equipment itself can automatically cook things on time-based, temperature-based basis. Robotics is having a lot of influence."
Future of Food Industry with Technology
Correct
The restaurant industry will experience consolidation, leading to the closure of poorly performing establishments and the survival of those that compete effectively with scientific intelligence.
"in the times to come, I feel that consolidation is going to happen and the quality of service of those restaurants which are not good will be affected. It is not good and those which were running normally are going to close down and the good restaurants which are competing and know what the game is, who are standing on their own and playing the game and playing the game with scientific intelligence, they will survive"
Consolidation in the Restaurant Industry
Pending
Small, less profitable bars are closing down and transferring their licenses to new establishments, indicating a trend of consolidation driven by profitability concerns.
"those which are closing down are transferring their licenses to new bars, right, at the end of the day, the bar license is the same, the bar license is the same, but the ones which are shutting down are very small, brother, now we are not doing business, we are making a profit of 2 lakhs, forget it, friend, let us get it done by someone else"
Bar License Transfer
Correct
Helen's Place, a new casual and fun 'potato bar' with a world-class concept focused on 'A Joy of Living,' is in the pre-launch phase.
"The one which is coming soon, as part of the pre-launch formula, is to tell you that we are calling it Helen's Place. We are nice, it's a potato bar, a porch-looking place, and world-class, and very casual, and very fun, and the concept is basically on A theme called A Joy of Living which we have forgotten today"
Helen's Place Launch
Incorrect