
How to really install a creative economy
This week, there was considerable focus on influencers who shared their ideas about making India a 'creative economy' at the inaugural World Audio Visual and Entertainment Summit. India, of course, is already a
creative economy
. But one reckons what the speakers were talking about was to optimise the country's creative industries, both monetarily as well as in terms of enhancing India's soft power globally. The concept of 'creative economy' was developed in 2001 by
John Howkins
- reformatted in 2013 by Pedro Buitrago and Ivan Duque (the latter, a former Colombian president) as 'orange economy' - to describe economic systems where value is based on 'novel imaginative qualities rather than the traditional resources of land, labour and capital'. While India's advantages in this sphere - rich story-telling legacy, huge pool of consumers and creators, tech-ableness - are much touted, focus could be given to four key ingredients that make for a steady, hyper-fertile 'dream factory'.
One, freedom - to create, without patrons, guardians or regulators constantly looking over the shoulders to ensure that the proverbial mob approves, or doesn't disapprove, a creation. Two, a genuine critical culture that reviews, critiques, applauds and elaborates on the many contents created. Not just saying Movie X is great and Novel Y is bad, but why they are so, without any statutory push or pull.
Three, patronage. All content - 'art' or otherwise - needs financial food. A culture where creative arts and sciences are seen as investments, with its own set of RoIs, has to be inculcated. And, most importantly, four, putting the individual on top. The individual creator, armed with the three other conditions, can be both incubator and brand ambassador of an economy where productions of creativity can thrive, minus the dead weight of a soviet-type ideological collective.
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Mint
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Mint
2 days ago
- Mint
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CCL, which had developed blends for Percol over two decades ago, is now reintroducing the original profiles, repositioning the brand globally and for the Indian market. 'We had a nostalgic connection with Percol, but also saw strategic value in acquiring it,' said Jaipuriar. 'With India's coffee preferences evolving, this felt like the right time to offer consumers a nuanced, premium experience, especially one rooted in sustainability.' India remains a tea-first market, with consistent coffee consumption largely limited to southern states like Karnataka and Tamil Nadu. In most other regions, in-home coffee usage is still occasional. 'Outside the South, most people drink coffee at cafés or in offices, but switch back to tea at home. Regular coffee drinking hasn't yet become a daily ritual,' Jaipuriar said. That said, younger consumers are increasingly adopting coffee as part of their lifestyle, skipping tea entirely. 'This generation knows their brews, and they're building habits that could fundamentally change the market over time,' he added. Despite rising interest, building a premium coffee brand in India comes with structural challenges. Instant coffee is still viewed as a mass product, and many consumers are unfamiliar with concepts like roast profiles or brewing methods. 'We all know how to make good chai—but most people don't know how to make coffee well at home,' said Jaipuriar. The lack of brewing knowledge, particularly outside the South, limits the adoption of more sophisticated products. 'That's the gap we want to address, but it will take time,' he added. Unlike many challenger brands relying on external capital, Percol's rollout is internally funded. 'Our B2C business is profitable and self-sustaining. We don't need VC money, or even parent company support anymore,' Jaipuriar said. 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The company is also exploring drip filters and fresh ground variants, but only after the instant portfolio stabilises. Percol is being introduced selectively, with offline availability at premium outlets like Nature's Basket, Namdhari's, La Marche, and Spencer's Select, as well as in high-income neighbourhoods such as Delhi's Khan Market and Mumbai's Bandra. Online, the coffee is currently listed on Amazon and will soon be available on quick commerce platforms like Blinkit and BigBasket. CCL is also enabling direct-to-consumer delivery in select PIN codes. 'We're deliberately avoiding mass retail,' Jaipuriar said. 'A wide rollout too early can dilute the brand's premium positioning. We want to grow this step by step.'