Tata Consumer Products Ltd.

Tata Global Beverages is planning a capex of Rs 150 crore on a consolidated basis in FY16. The company would continue to invest in its power brands to stay future-ready. Investment in branding is one of the reasons for lower profits despite higher revenues, besides volatility in Eastern Europe.

Tata Global Beverages, formerly known as Tata Tea, is a multinational non-alcoholic Beverages Company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea.