Fashion & Retail Apparel

Wagh Bakri to step in retail franchise format, opens a tea lounge

Opportunity India Desk
Opportunity India Desk Sep 29, 2017 - 1 min read
Wagh Bakri to step in retail franchise format, opens a tea lounge image
While entering for the first time in the retail franchise format, Wagh Bakri

While entering for the first time in the retail franchise format, Wagh Bakri, the largest packet tea company has inaugurated `Wagh Bakri Tea Lounge` at Vile Parle (E) in Mumbai with an intention to offer the consumers a unique Indian tea drinking experience. Wagh Bakri Tea lounge was inaugurated by Manohar Joshi, the former Lok Sabha Speaker and Piyush Desai, Chairman, Wagh Bakri Group. In the auspicious occasion Desai revealed that the brand has completed a coalition with Radha Krishna Hospitality Services (P) Ltd. who will coordinate the operation of the parlour. He also said that Wagh Bakri aims to represent multi-tea flavours from numerous countries like Kenya, China, Sri Lanka, etc. The Group with a turnover of around Rs. 300 crores has a good presence in Gujarat, MP, and Rajasthan and has stepped in Maharashtra recently. It plans to roll out into more cities across the country over the next one year and intends to reach Rs. 600 crores turnover by FY`10-11.

Subscribe Newsletter
Submit your email address to receive the latest updates on news & host of opportunities
Franchise india Insights
The Franchising World Magazine

For hassle-free instant subscription, just give your number and email id and our customer care agent will get in touch with you

or Click here to Subscribe Online

Newsletter Signup

Share your email address to get latest update from the industry