Methodology

How the Forkcast tools are calibrated

Every estimate on Forkcast is grounded in a specific dataset and refresh cadence. This page documents the sources, limitations, and how we keep the numbers honest.

Data sources

  • Agmarknet (Govt. of India)

    Daily mandi prices for 12+ commodities (onion, tomato, potato, ginger, garlic, oil, etc.). Refreshed every 24 hours. Used in the menu pricing tool's mandi-priced ingredient line.

  • Capital benchmarks dataset

    Curated data from 200+ Indian restaurant openings (2023-2026), cross-checked against Petpooja hardware partner quotes. Refreshed quarterly.

  • Cuisine listing density

    Aggregated Zomato + Swiggy listings by pincode, normalised to city population. Refreshed monthly.

  • State licence portals

    FoSCoS (FSSAI), state excise departments, MCG/PMC/BMC trade licence schedules, fire-services NOC fee schedules. Refreshed when policy changes are notified.

  • IMD weather

    India Meteorological Department forecast data, used in the in-product daily forecast (not exposed in free tools).

Calibration cadence

  • Daily: Agmarknet mandi prices.
  • Weekly: Tool usage anonymous QA — outlier outputs flagged and reviewed.
  • Monthly: Cuisine listing density refresh; viability and demand heatmap recalibration.
  • Quarterly: Capital benchmark dataset refresh; format and tier coefficients re-fit.
  • On policy change: Licence cost, validity, and authority updates within 7 working days.

Limitations we're upfront about

  • Capital estimates are a band, not a guarantee. Real openings can fall outside the band when the format is unusual or location is exceptional.
  • The location scorer falls back to a heuristic when GOOGLE_PLACES_API_KEY isn't configured. The result page tells you which source was used.
  • Cuisine demand is a directional read — region-specific cultural patterns (e.g. Konkan coastal seafood, Saoji in Nagpur) aren't fully captured at the slug level. Use it alongside in-person catchment validation.
  • Mandi prices are reference rates, not your supplier's quoted rate. A 5-10% delta is normal; flag >15% deltas for re-quote.
  • Licence fees are state-issued; some PMC/BMC sub-classifications can swing the number 30-50% within the published band.

How we keep ourselves honest

Each tool publishes its formula and source list inside the FAQ on the tool page. When we change a coefficient or add a new dataset, we note it in the next blog issue. Pilot operator feedback drives the weekly QA loop — if a tool's output disagrees with their lived experience, we investigate.

Comments, corrections, and dataset suggestions are welcome — write to hello@forkcast.in. We acknowledge every email and credit substantive corrections in the next monthly digest.

Open the free tools or read the blog for the latest applied research.

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Forkcast methodology — how we calibrate the free tools | Forkcast