F&B Industry Pins Hopes on Budget 2026 for ITC Restoration, Industry Status, and Expansion Push

F&B Industry Pins Hopes on Budget 2026 for ITC Restoration, Industry Status, and Expansion Push

According to Pulkit Arora, Director, CYK Hospitalities

“As we approach Budget 2026, the Food and Beverage industry is optimistic that the long-awaited structural alignment will take place. The restoration of Input Tax Credit, the recognition of the hospitality sector as an industry, and the simplification of the licensing process can significantly strengthen operational viability. The food companies will then be able to concentrate on quality, innovation, and consistency rather than dealing with inefficiencies.”

Simran Jeet Singh, Director, CYK Hospitalities, adds

“From the perspective of expansion, brands are prepared for growth while the markets are prepared for consumption. Budget 2026 has the potential to unblock, quicken, and even more smoothly F&B expansion across the different parts of the city by providing clearer leasing frameworks, single-window approvals, as well as uniform commercial policies. Now is the time to make it possible to grow, accompanied by stability and predictability.”

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