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ThinKitchen To Leverage India’s Growth In HoReCa Segment

- Mr. Anand Baldawa, CEO of thinKitchen speaks on the procurement statergies hoteliers need to adopt for equipments

admin by admin
December 20, 2024
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ThinKitchen To Leverage India’s Growth In HoReCa Segment

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-Priyadarshi Shastri (cbedit@imaws.org)

In today’s fast-paced life, the kitchen has grown into a functional space, a place where your cooking meets comfort with style. At the forefront of this transformation is thinKitchen, a brand offering a wide range of top-notch kitchenware, home décor and dinnerware. We sat down with Mr. Anand Baldawa, CEO of thinKitchen to talk about their future plans, style and products. Keep scrolling-

Are there any regions or markets within India that you’re focusing on for growth? What are your key trends driving growth?

We operate on a pan-India basis with a high focus on North and West, which has a higher density of existing and new 5-star property openings. Some of the notable trends driving growth in the hospitality space in India are Wellness and Medical Tourism: Cities like Kerala, Goa, and Bangalore are focusing on medical and wellness tourism, with state-of-the-art hospitals and wellness centres.

Sustainability and Eco-Friendly Hospitality Increasing demand for sustainable travel options is driving the growth of eco-friendly resorts in regions like the Andaman Islands, Coorg, and Kashmir. MICE (Meetings, Incentives, Conferences, Exhibitions): Cities like Hyderabad, Delhi, and Bangalore are enhancing their MICE infrastructure to cater to both business events and international conferences.

Experiential, Adventure and Spiritual Tourism: Niche markets such as wine tourism (Nashik, Maharashtra) and wildlife safaris (Rajasthan, Madhya Pradesh), Ram Temple (Ayodhya), Tirupati, etc. are expanding in line with travellers seeking unique experiences. Destination Weddings: Wedding celebrations in India have traditionally been grand with the trend of destination weddings also catching on. Weddings continue to drive growth for hospitality with cities like Jaipur, Udaipur, Jodhpur and Goa ranking high as preferred destinations for weddings.


How do you stay ahead of shifting consumer preferences in categories like kitchenware & home decor?

Staying ahead of shifting consumer preferences in categories like crockery, cutlery, and glassware requires an ability to predict and respond to trends, prioritize sustainability, and create products that reflect changing lifestyles. Whether through design, materials, or digital engagement, businesses that stay agile and in tune with evolving customer demands will thrive.

There are many competitors in the kitchenware and home decor (CGS) space. What do you believe makes thinKitchen’s products stand out in terms of design, functionality, or quality?

To make thinKitchen CGS (crockery, cutlery, glassware and serveware) stand out in a crowded market, it is essential to combine design innovation, exceptional quality, functionality, and brand storytelling. By focusing on unique aesthetics, premium materials, sustainability, and customer-centric functionality, thinKitchen® products will meet customer needs and also provide a memorable, elevated hospitality experience to the end consumer. Emphasizing craftsmanship, sustainability, and versatility, along with a strong connection to consumer lifestyles and values, will differentiate thinKitchen products from the competition.

As a multi-distributor of kitchenware products, we offer an unparalleled advantage by providing a wide range of options across multiple categories, price points, and international brands. Unlike competitors who often focus on just one or two brands or cater to specific segments, our diverse portfolio ensures that we can meet the unique needs of every customer, whether they are looking for cost-effective solutions or premium, high-end products. This comprehensive approach makes us a one-stop shop, eliminating the hassle of coordinating with multiple vendors. Hotels and customers benefit significantly from this streamlined “one vendor” logic, as it simplifies procurement processes, ensures consistency in quality and service, and offers unmatched flexibility to address diverse operational and aesthetic requirements—all under one roof.

Where do you see thinKitchen in the next 5 to 10 years? Are you planning to further diversify your product offerings or focus on deepening your presence in the existing categories?

As a leading distributor of multiple kitchenware brands and categories in India, our long-term strategy focuses on leveraging the country’s rapid growth and expanding the HoReCa segment’s potential. We aim to position ourselves as the go-to one-stop solution for hotels, restaurants, and catering businesses by offering an extensive portfolio of products, from affordable options to premium international brands. This includes expanding into emerging categories like sustainable and smart kitchenware, tailored packages for bulk purchases, and exclusive collaborations with global brands. We will also invest in regional distribution skills, and technology-driven tools such as digital catalogues, ensuring seamless and efficient customer experiences on a pan-India basis. To further solidify our leadership, we plan to deepen partnerships with HoReCa customers through value-added services. By creating a brand synonymous with reliability, efficiency, and innovation, we aim to drive sustainable growth, cater to the evolving needs of the Indian hospitality industry, and establish long-term leadership in this fast-growing sector.

Are there any emerging technologies (e.g., smart kitchenware, sustainable materials, etc.) that thinKitchen is exploring or planning to incorporate into future products?

Incorporating emerging technologies like smart kitchenware, sustainable materials, augmented reality, and 3D printing into future product lines offers tremendous potential for thinKitchen®. These innovations not only align with evolving consumer expectations around functionality, sustainability, and personalisation, but they also give thinKitchen® products a competitive edge in a rapidly changing market. By focusing on smart, eco-friendly designs, and offering customisable experiences, thinKitchen can stay at the forefront of the hospitality industry’s transformation.


 

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Tags: #kitchenequipment#kitchenware#thinkitchen
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