The total tea market is around Rs 18,000-20,000 crore. Whereas, green tea is about 1.5 per cent of the market, which is currently Rs 250 crore in size.
During the last five years, FPI sector has been growing at an Average Annual Growth Rate (AAGR) of around 8.6 per cent as compared to around 3.8 per cent in agriculture and 7.7 per cent in manufacturing.rn
This is Dairy Queen's second try at entering the Rs 2, 47,680 crore Indian food services market after 2011. The restaurant chain is headquartered in Minneapolis in the US and is best known for its signature soft serve ice cream.
The company will relocate its global headquarters from the US to India in March 2015 for a month-long period as the company seeks to enhance its operations in India.