Indian restaurants, delivery apps to raise menu prices 5-10% as fuel, LPG costs surge
National Restaurants Association of India members including Cafe Delhi Heights, Wow! Momo, Kylin and Massive Restaurants plan 5-10% menu hikes from next week through July. Drivers: 60% LPG cost surge, petrol at ₹97.77/litre, labour shortages. Zomato and Swiggy delivery fees to rise; discounts to shrink amid soft demand.
What happened
National Restaurants Association of India · Indian restaurant chains and food delivery platforms plan 5-10% menu price hikes from next week to July, citing fuel
Key facts
- 5-10% price hike
- 50 outlets
- 17 cities
- 60% LPG cost surge
- petrol ₹97.77/litre
- diesel ₹90.67/litre
Why this matters
Distressed independents squeezed by fuel and labour costs create a buyer's window for cloud-kitchen roll-ups and regional QSR tuck-ins, especially targets lacking pricing power against NRAI-aligned chains.
Also reported by
- ET Small Business — 6h after first sighting