India QSR Investment & Store Capital Expenditure Dataset

Total sector CapEx has grown far faster than per-unit build costs, signaling that capital deployment has been driven primarily by store-count expansion rather than rising construction costs — annual Master Franchise CapEx outlay grew ~4x (₹940 Cr to ₹3,800 Cr) over 12 years, versus a more modest ~1.6x rise in per-unit costs for both Drive-Thru (₹1.55 Cr to ₹2.50 Cr) and Standard Inline (₹1.08 Cr to ₹1.45 Cr) formats. FY 2020–21 was the only year both metrics contracted together, with total outlay dipping to ₹950 Cr and Drive-Thru unit costs easing to ₹1.75 Cr, before capital deployment resumed and then sharply accelerated from FY 2021–22 onward — consistent with the aggressive post-COVID store-opening trend seen elsewhere in this dataset series.