Narayana Peesapaty – The Anti-Plastic Crusader
EXCERPTS
THE TWIN CHALLENGES
THE EUREKA MOMENT...
Peesapaty was struck by an idea, which was to become his life-mission, while he was traveling from Ahmedabad to Hyderabad in 2005. He saw a co-traveler using his Khakhra as a spoon to eat rice with. Peesapaty wondered how it would be if there was cutlery that could be used to eat with and be eaten too...
TEETHING TROUBLES
Peesapaty had a clear vision. However, he had to examine the feasibility of his idea, and assess whether there was a market to commercialize his idea...
GOING GOOD…
Bakeys, under Peesapaty, gained ground gradually. It took about six years of marketing for him to attain success in form of inquiries from prospects. After about seven years of patience and perseverance since founding Bakey’s, Peesapaty claimed with pride that he started receiving inquiries from within as well as outside India...
THE ROAD AHEAD
Though Peesapaty had come up with a successful product, he was still not able to fulfill his goal of substituting plastic cutlery with it. Pricing was a major challenge. With the existing demand and the scale of production, the edible cutlery could not be priced at less than $0.03 per piece, whereas plastic cutlery was available at half the price...