Try GOLD - Free
Vishal Kamat
Mint Mumbai
|January 03, 2026
The executive director of Kamat Hotels on the journey from his grandfather's dishwashing roots to a ₹700-crore empire, and why he does not believe in growth for growth's sake
When Vishal Kamat, the executive director of Kamat Hotels (India) Ltd (KHIL), was growing up, he didn't really consider any vocation or business. He was always clear that he would join the family's storied hospitality enterprise—one that traces its history in some form or the other to over a century, is synonymous with highway road journeys, reliability and consistency, idlis and filter coffee.
The recognisability of the restaurant brand across western and southern India is such that “Kamat” is ubiquitous with south Indian fast food and a certain standard of hygiene and affordability.
Kamat Hotels (India) Ltd also operates 22 hotels in the fourand five-star categories, owning two of the properties and leasing 11 others, with a total inventory of about 2,500 rooms. The Orchid Hotels, their flagship brand, is present in 19 cities, with the highest number of properties in Mumbai and Pune, including IRA by Orchid, Toyam by Orchid and Fort JadhavGadh (near Pune).
The company has a layered history connected to the family, going back a few generations but significantly from the time of Vishal's grandfather Venkatesh. He was prolific in the restaurant business, with Satkar, the vegetarian restaurant opposite Mumbai's Churchgate station started in 1957-58, followed by Samrat, Status in Nariman Point, known for its Gujarati thalis, Santoor and many other “S” brands.
Venkatesh's son and Vishal's father, Vithal, who pioneered the hotel business after taking over from his father in the early 1970s, wrote a book Idli, Orchid and Will Power (2018) about his journey from the concept of a single, family-style restaurant to a hotel chain. KHIL, incorporated in 1986, went public eight years later
This story is from the January 03, 2026 edition of Mint Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Mumbai
Mint Mumbai
Focus on energy stockpile as OMCs eye new sources
PSU refiners have 25 days worth of oil stocks, and another 25 days of fuel stocks
3 mins
March 04, 2026
Mint Mumbai
India notifies standards for cloud, data centre, ethical AI
The governance model is derived from internationally accepted ISO and IEC frameworks
2 mins
March 04, 2026
Mint Mumbai
Sebi overlap rules likely to push MFs to passive funds
Asset management companies (AMCs) may double down and innovate more on passive products following the revision of mutual fund categorization norms, offering investors a wider choice of investment options.
2 mins
March 04, 2026
Mint Mumbai
Gas regulator preps new storage plan as war blocks supplies
India's energy regulator is moving to plug a widening hole in the country’s gas supply chain as the conflict in West Asia threatens supplies of natural gas that is vital to power, fertiliser and city gas distribution networks.
3 mins
March 04, 2026
Mint Mumbai
Thirty years on, Pokémon is still a monster hit
The monsters are everywhere.
3 mins
March 04, 2026
Mint Mumbai
Accenture wins Estée Lauder biz in $100 million dent for Wipro
Wipro Ltd faces an annual dent up to $100 million, as American cosmetics brand Estée Lauder has shifted the Bengaluru tech services company’s share of work in a half-billion dollar, five-year deal to Accenture Plc.
3 mins
March 04, 2026
Mint Mumbai
Can bulls hold Nifty above 24,600 this time?
Stock market bulls have strenuously defended the Nifty's 24,600 level four times since July, raising hopes that it will hold even as the current storm passes.
3 mins
March 04, 2026
Mint Mumbai
Expats worried as conflict shatters Gulf’s safe image
In 2016, Pranav Doshi, then an executive with the Canadian consulate, decided to move 2,000 kilometres away from their home in Mumbai.
4 mins
March 04, 2026
Mint Mumbai
This year’s PF payout is good news for workers
The Employees’ Provident Fund Organisation has held its interest rate unchanged at 8.25% despite policy rate cuts over the year by the Reserve Bank of India. And for good reason too
2 mins
March 04, 2026
Mint Mumbai
AI developers should shrug off intellectual property leakages
Anthropic’s complaint against three Chinese labs illustrates why
3 mins
March 04, 2026
Listen
Translate
Change font size
