In light of the approaching Diwali festive season and rising operational expenses, restaurants in Maharashtra are preparing to increase menu prices by 10–15 percent. This expected Food Price Hike is anticipated within the next 8–10 days.
According to a report based on data from the All India Hotels and Restaurants Association (AHAR), the reasons for the increase include the rising cost of raw materials, increased commercial LPG prices, rent, higher dairy product costs, and expenses related to maintaining hygiene standards. The association specified that this price adjustment is likely to occur before Diwali.
This change may affect all product categories, ranging from breakfast and served meals to food orders through delivery services. For instance, industry estimates suggest that the price of idli, currently around 80 rupees, could rise to 88–92 rupees, and dosa, priced at 90 rupees, could go up to 99–104 rupees. However, it is noted that the price increase will vary depending on the specific restaurant, its location, and its business model.
Representatives of the restaurant business in Maharashtra point out that raw materials and other food products have significantly increased in price in recent months. AHAR emphasizes that the costs of preparing and serving food are constantly rising, including vegetables, grains, pulses, vegetable oil, spices, and commercial LPG. These increased expenses directly impact the profitability of the establishments. Furthermore, restaurant owners are forced to spend more on rent, staff salaries, cleaning supplies, employee training, and ensuring high levels of hygiene.
Representatives of the hospitality and restaurant sector reported that due to the sharp increase in raw material costs, restaurants will raise menu prices by 10–15 percent in the next 8–10 days, and this increase is expected to take effect across the entire industry before Diwali. According to AHAR Chairman Vijay K. Shetty, the price hike is necessary to maintain food quality and service standards, as well as to cover increased expenses.
Sali Jagirdar, head of the National Restaurant Association of India (NRAI) branch in Pune, stated that following changes in excise duties, restaurants are considering raising prices on alcoholic beverages and other spirits. She noted that raw material prices are rising very rapidly, and menu changes may occur within the next 8–10 days. Industry representatives also indicated that this may not be the last price increase, and prices could increase further in the future.