4 days ago

Dilmah Bets on India’s Untapped Fine Tea Opportunity

Dilmah Bets on India’s Untapped Fine Tea Opportunity
Notion of fine tea remains untapped in South Asia: Dilhan C Fernando, chairman, Dilmah · financialexpress.com

Dilmah is introducing a new luxury tea collection in India called Thambapanni.

The teas are made mainly from ingredients grown in India.

The company believes more people now want special flavours, healthier drinks and products with clear origins.

Premium hotels and restaurants could help make fine tea more popular.

The collection includes teas mixed with ingredients such as cinnamon, vanilla, cardamom and ginger.

Dilhan C Fernando says Indian teas and Ceylon teas each have their own special qualities.

He also believes tea could become as fashionable with young people as coffee.

Climate change may make some special tea harvests less reliable.

He says growers must receive fairer prices if the tea industry is to remain sustainable.

Key facts

New collection
Thambapanni is being created exclusively for India.
Product range
The collection includes 26 artisanal suppliers of fine tea, spices and herbs.
Examples
Products include Wild Assam Reserve, Cinnamon Velvet Gourmet Tea and Maharaja Chai.
Hospitality ambition
Dilmah aims to work with 50 to 60 luxury hospitality properties in the first two years.
Indian tea cafés
India’s branded tea cafés are estimated to number more than 1,200 and grow by about 25% annually.
Sustainability premium
Genuinely ethical and sustainable luxury teas may cost 40% to 50% more than ordinary equivalents.
Dilmah impact work
The MJF Charitable Foundation and Dilmah Conservation use at least 15% of Dilmah’s pre-tax profits for humanitarian and environmental work.
Personal tea consumption
Dilhan C Fernando says he drinks 12 to 15 cups of tea daily.

Sources

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