Telangana Leads India in Spending on Ready-to-Eat Food, SBI Study Finds
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A new study by the State Bank of India (SBI) shows that people in Telangana spend more money on ready-to-eat food than people in any other Indian state. The research uses data from the 2023-24 consumption survey, which tracks how households spend their money across the country. According to the findings, ready-to-eat food accounts for 16.3 percent of the food budget in Telangana, the highest share in India.
Ready-to-eat food includes items such as packaged snacks, cooked meals, and food that can be eaten without much preparation. The study also looks at the growing role of online food delivery in this trend. Many families now order meals through apps instead of cooking at home, especially in busy cities where people have long working hours. This change in habits is one of the reasons why spending on such food has risen in recent years.
The SBI report suggests that the trend shows how changing lifestyles are shaping the way Indians buy and eat food. Experts often point out that convenience, rising incomes, and easy access to delivery services all play a part. The study does not state what the long-term effects of this trend will be, but it provides useful information for businesses and policymakers who want to understand consumer behaviour in different parts of the country.
Sources: The Times of India
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