Direct Tax
Consulting
ESG Advisory
Indirect Tax
Growth Advisory
Internal Audit
BFSI Audit
Industry Audit
Valuation
RBI Services
SEBI Services
IRDA Registration
AML Advisory
IBC Services
Recovery of Shares
NBFC Compliance
IRDA Compliance
Finance & Accounts
Payroll Compliance Services
HR Outsourcing
LPO
Fractional CFO
General Legal
Corporate Law
Debt Recovery
Select Your Location
A decade ago, when it comes to eating outside food, there was either the fine dining restaurant or the street side food which meant that either one goes for an expensive meal or get satisfied with the cheap or unhealthy one. The growth of the food truck business phenomenon in India is a derivative of a similar business module in the USA. The reasons behind this burgeoning preference for this kind of food are:
The food truck or the mobile kitchen business in India has huge potential as it is still in its nascent stage. In India, it is estimated to be growing at a rate of 8.4% annually. As per a National Restaurant Association report, it was estimated that by 2017-18 the revenue generated from the food truck business in India would touch 2.7 billion dollars approximately, a huge leap from 650 million dollars five years back.
To start a food truck business, one needs to plan as per the following defined steps:
An approximation of the break-up of the initial investment is as below:
The mandatory documents are:
Since this is regarded as an unorganized sector with no specific regulations or guidelines and no central or state-assigned regulatory body overlooking the working of the food truck industry in India. Hence getting things organized especially licenses etc are a major challenge for the business owner.
If serving delicacies and tasty gourmets are your life, then this is the right time to cover that extra mile as an entrepreneur by starting a food truck business in India with an irresistible menu that would be hard for the crowd to ignore.
Read our article:Food Safety and Standards Rules in India
Experiencing the loss of a loved one is one of the deepest emotional hardships a person can fac...
On January 16, 2025, the Reserve Bank of India (RBI) released the list of Non-Banking Financial...
Over the decades, the Oil and Natural Gas Corporation (ONGC) has been a key pillar in the portf...
The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
Hong Kong is widely recognized as a leading global business hub, known for its free-market econ...
Are you human?: 7 + 8 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
FSSAI is the governing body for food business related activities. It works under the aegis of the FSS Act of 2006,...
09 Feb, 2021
FSSAI license for Hotels has been simplified in the recent notification issued by the FSSAI department. In this art...
06 Sep, 2022