Telangana Leads India in Spending on Ready-to-Eat Food, SBI Study Finds
Published
A new study by the State Bank of India (SBI) has found that people in Telangana spend more on ready-to-eat food than people in any other state in the country. The study used data from the 2023-24 consumption survey. According to the report, ready-to-eat food makes up 16.3 percent of the food budget in Telangana, which is the highest share in India.
The findings also show that online food delivery is becoming more popular across the country. Many families now buy meals that are already cooked, packed, or ready to heat, instead of preparing every meal at home. This trend is changing the way Indian households spend their money on food. Experts say that busy work schedules, growing cities, and the use of smartphone apps are among the reasons for this change.
The SBI study is useful for understanding how Indian consumers are changing their habits. It shows that food spending is no longer only about groceries and home cooking. For businesses in the food sector, these numbers may help them plan their services and products in different regions. The report does not give a detailed reason for why Telangana has the highest share, but it provides useful information for future research on food spending in India.
Sources: The Times of India
More India news
- Cheaper Batteries Make Solar and Wind the Lowest-Cost Power Source in India, Says BNEF
- Why Money Flowing Out of India Is Drawing Attention
- Qualcomm Layoffs: What Severance Will Former Employees in India Receive?
- Suriya's Cop Comedy 'Scene' Earns Rs 111 Crore in Five Days at the Box Office
- Ajay Devgn's Drishyam 3: The Conclusion Passes Rs 588 Crore Worldwide After 40 Days
- Ramayana: Part 1 Continues Strong Box Office Run with Rs 440 Crore Collection
- Government Uses Online Marketplace to Buy Farm and Allied Sector Goods
- World Bank Estimates Extreme Poverty in India at 2.6 Per Cent, Sparking Debate