Online food ordering platform Zomato on Wednesday said that India’s food delivery industry is nearing pre-covid levels with the sector now registering 75-80% of pre-covid GMV or gross merchandise value. Zomato expects the food delivery industry to hit pre-covid levels of business in the next 2-3 months, the food ordering platform said in its "State of the Restaurant Industry in India" update—highlighting the ordering behavior of consumers and the state of restaurants in general. In fact, Zomato noted that the number of restaurants offering food delivery on its platform are at 70% of pre-covid levels. Most of these are dining out centric places which have shown agility to pivot to food delivery," it said. "The food delivery industry has largely recovered, with the overall sector clocking around 75-80% of pre-COVID GMV," Zomato said in its update.

Source: Mint August 19, 2020 18:33 UTC