ROUNDTABLE DISCUSSION ON ENTREPRENEURSHIP IN THE FOOD AND BEVERAGE DOMAIN 

The Food and beverage sector (F&B) is one of the most established businesses in the hospitality industry. A recent study done by Farman Beig in 2021 suggests that the compound annual growth in the F&B industry is expected to grow at 10.8% by 2023. These figures entice a lot of individuals to take up
entrepreneurial role or are ready to invest in this domain, however, it might be very intimidating for an aspiring entrepreneur to move forward and take action in a hugely competitive market like F&B.

Over the last decade, the food and beverage industry has been developing at an extraordinary pace, and much of that growth is due to small businesses and new ventures. Thanks to technological developments in funding and e–commerce, entrepreneurs are entering the industry with huge success.

Though the markets look quite promising and lucrative but red-tapism in the governments’ rules & regulation makes things more complex. The Government’s initiative of boosting investment in start–ups with the slogan of ‘Ease of doing business in India’, somehow contradicts the same in reality.

Agenda

The agenda of the roundtable conference would cover the following:

• The discussion probes the reality on the ground, through a round table discussion with all industry practitioners’ viewpoints.
• The discussion will also bring out the issues and challenges that are associated with those who would potentially want to explore the F&B space as an entrepreneur or investors.
• The discussion will also focus on the food aggregators who play a major role to bridge the gap between the customer and the service provider.

The research would be shared with the student to enhance their understanding in the subject domain.

Theme 1: The discussion would look into the best sustainable practices that the industry has adopted and their significance in India/Asian market.

Theme 2: The discussion would look at how hospitality education can contribute to a better sustainable future in terms of economic, social, and environmental sustainability.

Moderator
Mr. Debpriya De
Associate Professor
Vedatya Institute

About Vedatya

Vedatya offers internationally recognized undergraduate and postgraduate programs of study in the professional areas of hospitality management, culinary arts, design, and business management-related fields of study.  The name Vedatya, which means “Source of Knowledge”, is derived from two separate Hindi words – “Ved” which means “Knowledge” and “Aditya” which means “Sun”. It reflects our core mission of providing students with quality education through a team of research-driven faculty and a world-class curriculum.