TCL, TGBL jointly develop instant coffee product for India
In 2014-15, the total production of both Arabica and Robusta coffee stood at 8,596 tonnes.
November 30, 2015 / 09:56 IST
Tata Coffee Ltd (TCL) said it has jointly developed an instant coffee product for the domestic market with its holding company Tata Global Beverages (TGBL). The product will be manufactured by TCL and marketed and distributed by TGBL. "TCL and its holding company Tata Global Beverages Ltd have jointly developed an instant coffee product for the Indian market, which is being launched... By TGBL under the brand name 'Tata Coffee Grand'," TCL said in a BSE filing. The company has 19 coffee estates spread over 18,224 acres situated in the Western Ghat at different altitudes that have highly conducive micro-climates. In 2014-15, the total production of both Arabica and Robusta coffee stood at 8,596 tonnes. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!