Director and Owner of the Brand The Lio Pizza, Mr. Arpan Panchal is a hospitality industry professional. He has an experience of over 13 years in food and retail industry where he has worked with well known Indian and foreign food chains. He has studied the food industry specially pizza segment very closely and has done extensive research on the functioning of the giant brands currently in the Indian market. With his experience and expertise Mr. Arpan Panchal started with this brand with one owned outlet in Nikol Ahmedabad in the year 2019.

Overview of QSR Businesses in India

(A) Market size of Quick Service Restaurants in India in the FY 2022 was Rs. 17200 Crore approximately.

(B) The expected growth of QSR industry by the FY 2027 is Rs.43100 Crore approximately.

(C) Out of this Pizza restaurants have the market share of Rs. 1500 Crore.

(D) Pizza segment of the QSR industry is growing at the annual growth rate of 26% every year.

(E) Key important aspect to note is that the growth in this sector is higher in tier II cities than in tier I cities.