Name V. G. Siddhartha Hegde
Company ABCTCL
Education Msc( Economics)
Head quarters Bangalore
Industry Agriculture, Distribution, Retail
Country India
Some facts
Coffee Market in India » Non Traditional coffee Market » Grows 4 % of world coffee » Consumes 30% of coffee produced » Coffee culture unknown until late 1990 » V G Siddhartha’s family has been in the coffee business for more than 130 years » The group owns 7‚000 + acres and manages another 3000 acres » ABCTCL are the largest producers of Arabica coffee in Asia » Cafe Coffee Day has 760 cafes in 115 cities in India
Current responsibilities: Strategise value creation for shareholders and propel growth of return on investment, maintain investor relations and is a core member of GTV's Investor Committee Board Seats: GTV, Mindtree; Liqwid Krystal; Way2Wealth; Ittiam Success mantra : Have the willpower to persist and simply refuse to give up. Object of admiration : Infosys and its team’s success which achieved its target of $1 billion sales. Biggest obstacle : Spiralling real estate prices which have made it difficult to get retail locations.
Awards
The Economic Times – Brand Equity survey 2008
India’s most trusted brands – ranked No. 2 in the ‘Food Services‘+ segment
CCD ranked as No. 31 in the top 50 service brands
"Best Coffee Bar" award from Times Food Guide 2007 – New Delhi
"Best Coffee Shop" award Times Food Guide 2007 – Mumbai
Awaaz Consumer Awards 2006 – Best Coffee Shop Brand
V G Siddhartha was voted as the "Entrepreneur of the Year" by Economic Times in 2003 – for crafting a successful pan Indian brand from a commodity business and giving Indian consumers a new life style experience that is within the reach of the common man.
The Beginning "When I was a young man just out of college in Mangalore‚I decided that I wanted to get into business and make a lot