​​​
  1. Goodricke to open tea lounges across India

Goodricke to open tea lounges across India

Sterling tea company of Goodricke Group will open tea lounges pan India to popularise the beverage among the people, particularly youngsters.

By: | Kolkata | Published: July 27, 2017 4:32 PM
goodricke group tea copany, goodricke in india, goodricke tea lounges india, goodricke tea, goodricke tea pot darjeeling “We have plans to open one tea lounge every year. Tea Board offers subsidy for the opening up of such lounges,” MD and CEO of Goodricke, Arun Singh told PTI. (Source: Express File Photo)

Sterling tea company of Goodricke Group will open tea lounges pan India to popularise the beverage among the people, particularly youngsters. “We have plans to open one tea lounge every year. Tea Board offers subsidy for the opening up of such lounges,” MD and CEO of Goodricke, Arun Singh told PTI. He said the company had opened one lounge ‘Goodricke Tea Pot’ in Darjeeling, besides a few in two clubs and a five star hotel in the metropolis. “The lounges will opened in the metros only”, he said.

Regarding acquisition of gardens, Singh said that the company, in which Camellia group Plc of UK holds 74 per cent stake, was on the look-out to purchase gardens in Assam for the last two years. “We are not getting the right garden at the right price”, he said. To a query, he said that buying gardens in West Bengal is not cost-effective. “It is not worth it. There is no profit and cost is high as compared to Assam,” he said. Production in the current year so far had been satisfactory so far barring Darjeeling, where the shutdown had affected all activity, Singh added.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top