You are here: Home >> English News & Features >> Business & Economy

Amdavad’s millionaire chai wallahs

DNAHM89889 | 8/23/2015 | Author : Niyati Parikh-Deshpande | WC :585

City’s new-age tea brewers make anywhere from `60 lakh to a few crores a year
Many have expanded to Vadodara & Surat

Ahmedabad: Despite the new cappuccino-dominated café culture on the high streets of Ahmedabad, tea continues to dominate as an Amdavadi’s sure cure for the thirst of a beverage. With around twenty tea cafés and lounges coming up across the city in the past couple of years, Amdavadis are now spoilt for choice, when it comes to tea. What’s more? Tea café owners are making anywhere from Rs60 lakh to Rs3-4 crore per annum, making it a roaring market with café owners, tea companies, and new-age entrepreneurs, all vying for a share.
Professionals turned entrepreneurs, Devendra Khuman and Kandarp Upadhyay, began with their venture Chai Wai, two years ago. Now they have seven outlets in Ahmedabad and Gandhinagar and plan to expand within a
Read full story



Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on Business & Economy

After third phase of polls, bulls back with 490-pt bang
DNMUM435428 | 4/25/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :397

Mumbai: After a three-day losing streak, domestic stock markets ended on a higher note on Wednesday, pushed by strong buying interest seen in banking, financial services, IT and energy stocks in late afternoon deals.S&P BSE Sensex rose 489.80 poi
Add To LightboxCalculate Price

‘We have real estate inventory of `4,600 crore’
DNMUM435429 | 4/25/2019 12:00:00 AM | Author : Swati Khandelwal | WC :445

Mahindra Lifespace Developers profits have declined due to the changed accounting norms as it has changed the way the financial statements are reported. Sangeeta Prasad, MD and CEO, in a chat with Swati Khandelwal said the new norms mandate that reve
Add To LightboxCalculate Price

Boardroom: When and how to speak
DNMUM435430 | 4/25/2019 12:00:00 AM | Author : Rama Moondra | WC :724

The genesis of this column lies in two incidents that happened back-to-back. A leading non-banking finance company contacted me for training their employees on Boardroom confidence and presentability. “...if you can tell them that it is not a wedding
Add To LightboxCalculate Price

Rupee may slip below 70/ dollar soon
DNMUM435468 | 4/25/2019 12:00:00 AM | Author : Edit | WC :231

Rupee is all set to fall below 70 per US dollar. A day after the successful dollar-rupee swap auction, the second in as many months, the rupee is looking a tad fragile again. The rising crude and the subsequent fear of inflation creeping back have ca
Add To LightboxCalculate Price