Swiggy Invests Rs 175 Cr to Set up 1,000 Cloud Kitchens in India

Nov. 20, 2019

Swiggy said it has invested in over a million square feet of real estate space across 14 cities to help large, medium and small restaurant partners expand to more locations.“With the massive growth in online food ordering over the last 2-3 years, India has leapfrogged the widespread in-restaurant dining culture that was prevalent in many international markets. Swiggy has always maintained that cloud kitchens will be the future of food delivery”, Vishal Bhatia, CEO, New Supply, Swiggy, said in a statement.“Very soon, India will have the second-highest number of cloud kitchens in the world, only next to China”Bhatia said.

This announcement comes a few days after Swiggy CEO, Sriharsha Majety spoke about the company making significant investments in“pods”to solve for the supply gaps in the country. Pods house the cloud kitchens of restaurant partners on Swiggy Access. Majety also spoke about how Swiggy will scale up these pods to be within a 10-minute reach of 99 per cent of its consumers.

Swiggy has created over 8,000 direct and indirect jobs in the restaurant industry through its cloud kitchen initiatives over the last two years. After achieving this milestone of setting up 1000 partner cloud kitchens, Swiggy said it is set to add another 7,000 direct and indirect jobs in the restaurant industry in the next six months.