India has been a tea sipping society. But the aromatic wave of coffee culture is wafting across it.
Future's home retailing interests, including furniture and furnishings, are housed under Praxis Home Retail, which was created in FY18 when the group demerged the business from Future Retail.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
An increasing number of b-school graduates are exploring tea-based services and products for businesses and some of them have tasted success too.
Jaipuria has not specified the amount he is looking to raise, but says this is the right time to tap the capital markets.
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