THE NEW INDIAN CONSUMER: FOOD SERVICES TRENDS

KrishniMiglani, Veronica Jenvild

Abstract: The Indian QSR industry is facing major challenges from both demand and supply sides. On one hand, inflation has contracted the purchasing power declining the demand and on the other, macroeconomic instability has challenged the supply situation. India is currently on the eve of development, and the outcome of the macroeconomic reforms made by the newly elected government is still to be seen. Intrigued by the dynamism in the Indian economy, two interns at Ogilvy and Mather conducted a market research aimed at understanding The New Indian Consumer. This collaborative international research involves a combination of both statistical and economic tools to understand and predict the behavior of the Indian Consumer. Veronica B. Jenvild is a Norwegian economics student specializing in the Indian Economy at School of African and Oriental Studies, University of London. Krishni Miglani is an Indian undergraduate management student at Shaheed Sukhdev College of Business Studies, University of Delhi. This report is based on both management and behavior economic tools to analyze ‘The New Indian Consumer’.

Title: THE NEW INDIAN CONSUMER: FOOD SERVICES TRENDS

Author: KrishniMiglani, Veronica Jenvild

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

Research Publish Journals

Vol. 2, Issue 1, April 2014 - September 2014

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THE NEW INDIAN CONSUMER: FOOD SERVICES TRENDS by KrishniMiglani, Veronica Jenvild