After a dismal performance last year, Tata Tea is all set for a come back with a bang. It has made its intentions of making a foray into international markets clear by way of acquiring Tetley of Britain. It has also kept its avenues open in the Japanese market by joining hands with Hitachi.
Tata group is one of the leading and reputed industrial houses in India. Tea industry is one of the major contributors of the revenues to the Tata house. Tata enjoys the credit of pioneering the concept of processing and packing facilities at the tea estates itself and initiated the concept of polypacks. It is a public limited company incorporated under Companies Act, 1956, of India having around 85000 shareholders and 62000 fixed deposit holders. Other avenues of Tata Tea limited include markets tea, coffee, cardamom, pepper, spices and other related products. The company has more than fifty tea estates in the country, which spread across 57000 hectares in four states viz. Assam, West Bengal, Tamilnadu, and Kerala. The average range of production of tea ranges from 55-60 million kgs of tea.
With its ambitious plans of emerging as one of the top players in the world Tata Tea has been showing a tremendous performance during last many years. The revenue from the tea production fetched around 94 percent of the total revenues, followed by 3 percent from pepper, 1 percent from services rendered, and 1 percent from others. The company has acquired ISO 9002 recognition for its quality assurance. |
