Tata Consumer Products plans to increase modern trade's contribution to 14% of total sales, focusing on tea, coffee, and salt growth.

Tata Consumer Products (TCPL) plans to boost core businesses in tea, coffee, and salt, increasing modern trade's contribution to 14% of total sales. Focused on innovation and brand-building, TCPL has expanded in international markets like the UK, USA, and Canada. In the last four years, tea witnessed a 9% CAGR, coffee and packaged foods grew by 29% and 31% respectively, and salt experienced a 17% CAGR.

July 08, 2024
3 Articles