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Goodricke to gradually focus on branded teas

Posted On March 31, 2015 at 2:15 pm by / Comments Off on Goodricke to gradually focus on branded teas

Goodricke Group Limited, a part of UK-based Camellia Plc, will gradually shift its focus on branded teas, a company official said today.

“We will now gradually shift our focus to branded teas as this business gives a steady flow of income, though the returns are not high”, MD and CEO of Goodricke A N Singh said.

Competition in the branded tea segment was huge, he said adding big investments were required to create and sustain brands.