Investment8 May 2026, 05:31 pm
Tata Consumer to invest ₹160 Cr in Instant Tea Facility
AI Summary
Tata Consumer Products Ltd's board approved a capital investment of up to ₹160 Crores to establish a new 2000 MT Instant Tea manufacturing facility in India. The investment will be financed from internal accruals to cater to growing demand and address existing capacity saturation. The proposed capacity addition is expected to be completed within approximately 2 years.
Key Highlights
- Tata Consumer to invest up to ₹160 Cr in a new Instant Tea facility.
- The new facility will have a capacity of 2000 MT.
- Investment to be funded from internal accruals.
- The project is expected to be completed in approximately 2 years.
- Rationale is to meet growing demand and address capacity saturation.