Indian food and beverage (F and B) industry, which is growing at 23-24 per cent year-on-year, finds Point of Sale (PoS) systems useful in more than one way. What was once considered as a simple supplement to the traditional billing model, POS has made inroads into Indian F and B managing multiple tasks at ease.
According to a FICCI-Grant Thornton report, Indian F and B sector is poised to reach Rs 3.80 lakh crore by 2017 from the current market worth of Rs 2.04 lakh crore. Experts believe that the sector, which is largely unorganized, will become sophisticated in 2020.
In many city restaurants across the country, the point of sale system is still used mainly for taking orders. But it can do a lot more if used prudently.
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