1.65 (0.14%) 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.