KOCHI: The Indian hospitality procurement industry is all set for an exponential growth from its current level of $20 billion given the sustained economic development of the country, according to the hospitality purchasing managers forum ( HPMF ), a non-profit organisation of purchasing managers from the hospitality industry.The hospitality industry has witnessed a spurt in the growth with the entry of domestic and international players with world class projects in the last two decades, according to Nitin Shanker Nagrale, founder and general secretary of HPMF. The nine-year old organisation has over 2600 members from India and neighbouring countries like Nepal, Bhutan, Sri Lanka, Bangladesh and UAE. HPMF has launched an app for easier connect between procurement managers and suppliers, who number around 60,000 now. "We are planning to encourage green initiatives and make-in-India campaign in the hospitality industry. Instead of getting Indian artefacts from China we can buy them from local makers to support the domestic industry," Nagarale pointed out.

Source: Economic Times October 10, 2019 13:30 UTC