-10.45 (-0.88%) Credit rating agency, ICRA has reaffirmed ‘AA+’ long term rating and ‘A1+’ short term rating for Tata Global Beverages’ Rs 424 crore lines of credit for various facilities.
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. Tata Global Beverages markets tea under the major brands Tata Tea, Tetley, Good Earth Teas and JEMCA.