Tata Consumer Products Ltd.

BSE: 500800 | NSE: TATACONSUM
Large Cap | Tea/Coffee
1164.95
1.65 (0.14%)
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Tata Global Beverages to focus more on domestic, select overseas markets

Date: 12-06-2019

Tata Global Beverages (TGBL) will focus more on the domestic market and select overseas ones, as the company begins consolidating into a diversified consumer products major.

The company expects the completion of the proposed transfer of Tata Chemical's consumer business to TGBL to take place in the next 12-18 months. Following the transfer, TGBL will have branded edible salt, pulses and spices in its product portfolio.

Tata Global Beverages is a global beverage business with a brand presence in over 40 countries. The company has significant interests in tea, coffee and water and is the world’s second largest tea company.