Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
Yemen S.

With soaring prices, hoteliers say hiking prices of food items is inevitable

Bengalureans may soon find themselves compelled to enhance their culinary expertise, as the prices of dishes served at eateries, and restaurants are expected to rise in the near future. The surge in power tariffs and the cost of groceries and vegetables have prompted numerous establishments in Bengaluru to consider adjusting the prices accordingly in the first week.

“The price of regularly used groceries like toor dal, rice, chillies, and jeera have already gone up. With no guarantee of good rain this monsoon, prices of many other commodities may also go up. The Karnataka Milk Federation (KMF) may increase the price of milk as there is a proposal, and the BWSSB also has proposed to increase the water tariff by a certain percentage. A meeting of our association is scheduled to happen on July 6, and we will have clarity on it by then,” said P.C. Rao, president of Bruhat Bengaluru Hotel Association.

Restaurants hiked prices of many items after the pandemic. (Source: SUDHAKARA JAIN)

To maintain quality

Talking to The Hindu, Rithuparana Sharma, who runs S.N. Refreshments, a family-run business in J.P. Nagar, says food prices had to be hiked to maintain the quality and for long-term sustainability.

“We are forced to raise the price of the food to match the expenses incurred with the high-power tariff and expensive groceries. We cannot cut down on the quality by buying cheaper groceries. To maintain long-term sustainability and quality, we have to make this move. We have not increased the price of food like idli, dosa or rice bath that is consumed by a large number of customers. However, we have increased the price of dishes like khara bhath and uddin vade to balance the expenses.”

Hemanth Shetty, who, along with his father, runs Shri Ganesh Upahar in Banashankari, says they will not increase the price of food served at their restaurants to not lose regular customers and have a new business strategy.

“The increase in power tariff and price of groceries will take a toll on the business. However, we have a regular set of customers, and we would like to retain it. If we increase the price of food, customers will prefer to go to smaller and cheaper restaurants.”

Meanwhile, hotel-goers are not a happy lot. Manjunath Sharma, a resident of Jayanagar, who regularly goes to restaurants, says food is already expensive in the area. “Restaurants made a huge hike after COVID. The price of coffee which was ₹10 has gone up to ₹15 in many restaurants. Many other dishes have also got costlier. This will take a huge toll on the working class.”

Turahalli resident, Gowrav, says the hike in prices of food at restaurants is going to get difficult for those on the outskirts. “Turahalli is still a developing area, and we do not have many restaurants; even if there are a few, they are expensive. Dishes like set dosa and others that were priced ₹50 have now gone up to ₹65 in the last month. Since most good restaurants are 5-6 km away, we are dependent on ordering food through online portals that already charge extra on food, a huge delivery amount and other taxes.”

Mavalli Tiffin Room (MTR), Lalbagh Road, in Bengaluru. (Source: MURALI KUMAR K)

Resto-bars to wait and watch

Meanwhile, resto-bars around the city plan to do a detailed study on the expenses for the next few weeks and then take a call on hiking prices of dishes.

Jagadish H.S., branch manager at Bob’s Bar, a restaurant run by Byg Ventures, says, “We are not looking into hiking the prices of dishes anytime soon. The government already hiked the price of beer and hard liquor by ₹10-20 per bottle last month, and increasing the price of food also will really cut pockets of customers. We plan to study the situation for a month or two; if the rise in power and groceries does not take a toll on our business, we may not make a drastic hike.”

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.