In a wine distribution business, you keep all your earnings.
(This story appears in the 18 uric acid level 10.0 September, 2015 issue of Forbes India.
He has strived to build an organisation that is not very hierarchical.It is also hundred percent guaranteed to be tangible.This is on par with what the top five Indian generic companies in the world make, says Chava.You will not get affected by whatever happens during these low times.In October 2014, private equity (PE) firm Warburg Pincus picked up a significant stake in the company for 92 million (then Rs 560 crore).
Check out the photos to get a sense of the scale of the operation.
To further enlighten you with the highlights of starting a wine distribution business, read on below: Wine distribution is recession-proof.
And while he may be a chemist by profession, Chava is also a canny businessman.
A wine distribution business does not require you to have too many employees to pay.
It could be you or a trusted family member.There is a wide distribution opportunities for you as you can sell wines to liquor stores, grocery stores, restaurants, hotels, banquet halls, and golf and country clubs.Other PE players who have made smaller investments in Laurus Labs vmware server linux install include Fidelity Biosciences and Welsh, Carson, Anderson Stowe.Why it is a gem, laurus Labs is targeting a Rs 2,000-crore topline in eight years.This has made them a market leader in some products in a relatively short period of time, says Narendra Ostawal, managing director, Warburg Pincus India.In fact, it can be operated by just one or two persons.And, you are assured that you only deal with professionals in terms of wine.It can be up to 45 more of your initial investment and can be gained just within 90 days of operation.Chava, now 52, has more than two decades of experience in the pharmaceutical industry; in his last job, he was chief operating officer (COO) of the successful startup, Matrix Laboratories.In terms of return of investment, you can be assured that what you invest, you will reap more.