Tata Consumer Products Limited has successfully merged its wholly owned subsidiaries, Tata Consumer Soulfull Pvt Ltd and NourishCo Beverages Ltd. (TCPL), with the approval of the NCLT (National Company Law Tribunal), and Tata SmartFoodz Ltd. with TCPL. This is in line with the company’s focus on simplifying and streamlining the business with its subsidiaries. This consolidation of legal entity structure will unlock efficiencies and synergies.
There is no change in the operating structure for these business units and they will continue to stay focused on the following portfolios- Millet based products, Ready to Drink products and Ready to Cook/Ready to Eat products. These product portfolios are part of the growth businesses for Tata Consumer Products.
“We have been reorganizing our business in line with our strategic priorities- to unlock synergies and create a future ready organization. This merger is one more step towards building a simplified and agile business. It will enable administrative and financial synergies. Retaining the existing business operating structure will provide continuity and ensure these businesses stay focused on the growth agenda.”
Sunil D’Souza, MD & CEO, Tata Consumer Products Limited
Tata Consumer Products Limited is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. The Company’s portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals. Tata Consumer Products is the 2nd largest branded tea company in the world. Its key beverage brands include Tata Tea, Tetley, Organic India, Eight O’Clock Coffee, Tata Coffee Grand, Himalayan Natural Mineral Water, Tata Copper+ and Tata Gluco+. Its foods portfolio includes brands such as Tata Salt, Tata Sampann, Tata Soulfull, Ching’s Secret and Smith & Jones. In India, Tata Consumer Products has a reach of over 263 million households, giving it an unparalleled ability to leverage the Tata brand in consumer products.
The company emphasizes quality and sustainability in its operations, investing in eco-friendly practices and responsible sourcing. Tata Consumer Products aims to enhance consumer well-being and contribute positively to communities through its initiatives in health and nutrition. With a strong market presence and a commitment to innovation and sustainability, Tata Consumer Products continues to grow and adapt in the competitive global market, leveraging its extensive heritage and expertise in the consumer goods sector.