Rays Power Infra announced closure of INR 127 Crore Equity Capital Fund Raise - "Mother's Embrace" A Photography Exhibition will be displayed by Renowned Photographer Devendra Naik at Jehangir Art Gallery in Mumbai - DAM Capital Advisors collects Rs 251 cr from Anchor Investors - Blackstone backed Ventive Hospitality Limited raises ₹ 719.55 Crores from 26 anchor investors at the upper end of the price band at ₹643 per equity share - The Inventurus Knowledge Solutions Limited listing ceremony held at NSE today - “ENCOUNTER WITH THE MOMENT” An Exhibition of Photographs by Gurdeep Dhiman at Jehangir Art Gallery in Mumbai - VENTIVE HOSPITALITY LIMITED ANNOUNCED ITS Rs. 16,000 MILLION INITIAL PUBLIC OFFERING (IPO) TO OPEN ON FRIDAY, DECEMBER 20, 2024 Sets Price Band fixed at Rs. 610 to Rs. 643 per equity share of face value of Rs. 1 each - Dr Agarwals Eye Hospital, Chembur, launches advanced laser system for precise and bladeless corneal surgery, Renowned actress Saiee Manjrekar inaugurates the state-of-the-art WaveLight FS200 Femtosecond Laser System - DAM Capital Advisors Limited announced its initial public offering (IPO) to open on Thursday, December 19, 2024 Sets Price Band fixed at ₹ 269/- per equity share to ₹ 283/- per equity share of the face value of ₹2 each - TRANSRAIL LIGHTING LIMITED ANNOUNCED ITS INITIAL PUBLIC OFFERING (IPO) TO OPEN ON THURSDAY, DECEMBER 19, 2024 Sets Price Band has been fixed at ₹ 410.00 to ₹ 432.00 per equity share, of face value ₹2 each - CONCORD ENVIRO SYSTEMS LIMITED ANNOUNCED ITS INITIAL PUBLIC OFFERING (IPO) TO OPEN ON THURSDAY DECEMBER 19, 2024 Sets Price Band fixed at ₹ 665 to ₹ 701 per equity share of face value of ₹5 each

Wagh Bakri Tea Group – 100 Years of building relationships and unparalleled Tea blends

MUMBAI, 11th January 2020 (GNI): Wagh Bakri Tea Group is celebrating 100 years of business in India. The group is the 3rd largest packaged tea company in India with a turnover of 1100 Crores and a strong market presence in India and abroad. The group has also pioneered the ‘Tea lounge concept’ in India and as a part of its centenary celebrations, the group launched its signature tea lounge which is the second in Ahmedabad and 13th lounge in India. The other lounges are operational in Mumbai, Delhi, Pune, and Goa. The tea brand has emerged as a truly global brand with exports to over 40 countries in the world and an ever-growing range of high-quality products for its consumers.

The company’s origin has humble roots. Shri Narandas Desai moved to Durban South Africa where he owned and managed a tea estate. He was forced to move to India during the apartheid movement. In those tumultuous times, he found his companion from the school days – Mohandas Karamchand Gandhi – who went on to become the father of the nation. Gandhi’s vision and resolve became an inspiration for Shri Narandas Desai to uphold ethics in business as well as private life. The name and logo signify equality and harmony towards coexistence. An emblem where a Wagh (Tiger) and Bakri (Goat) are sharing tea from the same cup that went forward to become a proud symbol of trust in millions of households of India.

19 January 2019 is when the company marked 100 years of presence in India business. On this occasion, Mr. Parag Desai, executive director of Wagh Bakri Tea Group, 4th Generation entrepreneur and tea sommelier, shared, “We are optimistic about what the future holds for us. We are a brand built on values and relationships. As a part of the celebrations of our centenary, we have increased our CSR efforts by manifold, and also focused our energy on developing new products. We will always strive and deliver on our commitment towards high-quality tea blends and tea drinking experience for our customers”

Today the company is in position to offer world-class teas, consisting of Premium Tea and Tea Bags, Flavoured and Specialty Teas, 100% Certified Organic Teas, Green Tea and Tea Bags (Mint, Tulsi, Honey Lemon, Jasmine, Natural, etc.), Instant Tea Premix range, etc. Company’s premium products are available at all major renowned retail chains, viz. Carrefour & Lulu Hypermarkets in UAE, Woolworth & Coles Supermarkets in Australia, Walmart, Loblaws, Freshco, No-Frills, etc. in Canada and many more prominent supermarkets across the globe. The company has quality, health and food safety certifications like ISO 22000, HACCP, BRC, Halal, etc. from leading European agency Intertek Certification ltd in the areas of Food Safety Management System. 

About Wagh Bakri Tea Group is a Premium Tea Company having a presence in tea business since 1892. In the year 1919, the Group entered in India with its India operation called Gujarat Tea Depot, which launched the iconic brand “Wagh Bakri Tea”. Today, it is the 3rd largest packaged tea company in India with a turnover of over Rs 1100 Cr. and over 40 million KGs. of tea distribution. The group is a leading name in tea exports and retail consumer products all over the world. With a huge number of Wagh Bakri tea lovers around the world, it has emerged as a truly global brand. The company enjoys an undisputed market presence in Gujarat, Rajasthan, Madhya Pradesh, Maharashtra with a strong presence in South and North India and recently launched in Jammu and Kashmir as well.    Ends

Be the first to comment on "Wagh Bakri Tea Group – 100 Years of building relationships and unparalleled Tea blends"

Leave a comment

Your email address will not be published.


*