F&B Industry's Aspirations for Union Budget 2025

F&B Industry's Aspirations for Union Budget 2025

By Manu Vardhan Kannan

Published on January 9, 2025

As the Union Budget 2025 nears, the food and beverage (F&B) industry is abuzz with expectations and hopes. Experts from the sector, including Simranjeet Singh, Director of CYK Hospitalities, Nidhi Singh, Co-Founder of Samosa Singh, and Vikesh Shah, Founder of 99 Pancakes, have shared their insights on the reforms they believe are essential to spur growth and innovation.

Simranjeet Singh emphasizes the need for policies that promote innovation and sustainability. "The upcoming Union Budget 2025 is expected to bring reforms for start-ups and the F&B sector, such as simplified taxation like GST rate cuts on small eateries and essentials. These measures can alleviate financial stress," he stated. Singh also highlighted the importance of subsidies on eco-friendly packaging, increased support for food processing facilities to generate rural jobs, and policy-driven investments in Tier 2 and Tier 3 cities to foster innovation in agri-tech, health-tech, and green-tech.

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Nidhi Singh envisions the budget as a game-changer for startups. "Swiftly approved policies simplifying taxation and promoting sustainable practices can fuel startup growth," she shared. Nidhi also stressed the significance of reduced taxes on essential supplies, support for cold-chain infrastructure, and encouragement for local sourcing, which could enhance operational efficiency and product quality. She believes these measures would create a thriving and resilient ecosystem for startups.

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For Vikesh Shah, the focus lies on operational cost reduction and scalability. "The F&B sector faces challenges like rising input costs. Tax relief on sustainable packaging and lower GST on dining services could make a substantial difference," he explained. Shah is optimistic that the adoption of advanced kitchen technologies, driven by supportive policies, will boost efficiency and enable brands to enhance customer experiences while contributing to economic growth.

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The Union Budget 2025 holds the potential to address these aspirations, fostering a dynamic and innovative environment for the F&B sector while promoting sustainability and economic development.


Marriott International Reaches 10,000-Property Milestone with JW Marriott Ranthambore Resort & Spa

Marriott International Reaches 10,000-Property Milestone with JW Marriott Ranthambore Resort & Spa

By Manu Vardhan Kannan

Published on June 18, 2026

Marriott International has announced the opening of its 10,000th property globally, the JW Marriott Ranthambore Resort & Spa in India, marking a significant milestone in the company's journey as it nears its 100th anniversary.

Founded 99 years ago as a small nine-seat root beer stand, Marriott has grown into one of the world's largest hospitality companies, with a portfolio spanning 10,000 properties across 146 countries and territories. The opening of JW Marriott Ranthambore Resort & Spa not only highlights the company's continued global expansion but also reinforces the strength of its luxury portfolio.

Commenting on the milestone, Anthony Capuano, President and CEO, Marriott International, said:

“Marriott was founded 99 years ago as a nine-seat root beer stand, and as of today, has grown into a global portfolio of 10,000 properties spanning 146 countries and territories. I’m immensely proud of this tremendous milestone, made possible by our global teams and the owners who continue to place their trust in Marriott brands.

Marking this accomplishment with a property carrying the JW Marriott brand is especially meaningful given its naming after our co-founder, J. Willard Marriott. He and Alice S. Marriott built an incredible legacy of opportunity, service, and innovation that we’re privileged to carry forward.”

The milestone was celebrated at the newly opened resort in the presence of company leaders and associates, including David Marriott, Chairman of the Board, Rajeev Menon, President, Asia Pacific excluding China (APEC), and the property's owners, Nilesh Gadhiya and the Gadhiya family.

Located near Ranthambore National Park, the JW Marriott Ranthambore Resort & Spa offers a luxury retreat featuring 127 accommodations, including guestrooms, suites, and private villas. Designed to provide an immersive experience, the resort combines nature-inspired experiences with a range of dining options that showcase modern Indian cuisine, regional specialities, and locally inspired botanical cocktails.

The opening further strengthens Marriott International's luxury portfolio, which spans seven luxury brands and nearly 700 properties across 74 countries and territories. The JW Marriott brand itself has now crossed 130 properties worldwide, continuing its growth in key travel destinations.

Alongside this milestone, Marriott has also celebrated several notable openings across its global portfolio. These include The St. Regis Budapest, which marked the brand's debut in Hungary, The Westin Playa Vallarta, an All-Inclusive Resort, the first all-inclusive Westin property in Mexico, Artik Suzhou, Apartments by Marriott Bonvoy, which introduced the brand to Greater China, and StudioRes by Marriott Greensboro Airport, one of the latest additions to Marriott's extended-stay portfolio.

As Marriott International approaches its centenary year, the company continues to expand across segments ranging from luxury to extended stay, while serving the evolving needs of travellers around the world.


India Launches UPI at Galeries Lafayette in France, Expands Global Reach

India Launches UPI at Galeries Lafayette in France, Expands Global Reach

By Hariharan U

Published on June 18, 2026

India has marked a significant milestone in its digital payments expansion with the launch of Unified Payments Interface (UPI) at Galeries Lafayette Nice Massena, one of France’s well-known department stores located in the heart of Nice.

The launch was led by Commerce and Industry Minister Piyush Goyal, who highlighted that the initiative strengthens economic and technological ties between India and France. He noted that the expansion of UPI reflects the growing depth of bilateral cooperation and India’s capability to deliver scalable digital public infrastructure globally.

With this development, UPI is now accepted in nine countries, including Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, and Cambodia. The expansion allows Indian travellers to make seamless digital payments abroad using familiar platforms, reducing reliance on cash and international cards.

The integration at Galeries Lafayette Nice Massena, a prominent retail destination in France known for housing over 600 international brands, marks another step in bringing India’s real-time payments system into global retail ecosystems.

Previously, UPI was also launched at iconic international locations such as the Eiffel Tower in Paris, underscoring its gradual but steady integration into global commerce environments.

Officials involved in the initiative, including Lyra Collect and NIPL, emphasized that the rollout demonstrates India’s ability to provide secure, interoperable, and efficient digital payment solutions at scale.

The latest expansion reinforces UPI’s position as one of the world’s most widely adopted real-time payment systems and signals continued momentum in India’s fintech diplomacy and global digital infrastructure leadership.


ITC Hotels Curates Memorable Father's Day Weekend Escapes Across India

ITC Hotels Curates Memorable Father's Day Weekend Escapes Across India

By Manu Vardhan Kannan

Published on June 18, 2026

Father's Day offers a chance to step away from busy schedules and spend quality time with the people who matter most. For families looking to celebrate the occasion differently this year, ITC Hotels has curated a range of experiences across its destinations, offering everything from culinary journeys and wellness retreats to golf escapes and cultural discoveries.

For fathers who enjoy memorable dining experiences, ITC Maurya in New Delhi presents a perfect setting. Home to celebrated restaurants including Bukhara, Dum Pukht, Avartana, and Ottimo at West View, the hotel offers a variety of renowned culinary experiences. Whether it's a leisurely lunch or a special dinner, guests can enjoy exceptional flavours while creating meaningful moments together.

Those seeking relaxation and rejuvenation can head to ITC Mughal in Agra. Surrounded by the city's rich history and heritage, the hotel offers a peaceful retreat focused on wellness. Guests can unwind with holistic therapies at Kaya Kalp – The Royal Spa, making it an ideal destination for families looking to relax and reconnect over the Father's Day weekend.

For golf enthusiasts, ITC Grand Bharat in Gurugram offers a getaway built around the sport. With expansive surroundings and curated leisure experiences, the destination provides an opportunity to enjoy a round of golf, spend time outdoors, and relax in a serene environment. The combination of recreation and quality family time makes it a fitting choice for the occasion.

Families looking to explore culture and heritage can choose ITC Rajputana in Jaipur. The hotel serves as a gateway to the city's historic attractions, vibrant markets, local cuisine, and royal heritage. After a day of exploration, guests can return to the comfort of the hotel, creating a balanced experience of discovery and relaxation.

Whether through food, wellness, sport, or cultural exploration, these curated experiences by ITC Hotels offer families meaningful ways to celebrate Father's Day and create lasting memories together.

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