The Indian retail coffee business has increased by around 20 per cent in the last two years. In FY 2022, India s coffee consumption totaled 1.21 million bags of 60 kgs each. On International Coffee Day on 1 October, Businessworld spoke to industry insiders to know how India is really turning into a coffee loving country , , International Coffee Day, Tata Consumer Products (TCP), Bili Hu, barista, domestic coffee consumption, coffee consumption in India
The company is following a similar asset-light and capital-light model for its cold-brew coffee as it follows for its other products under its portfolio.
The merger of the consumer products business of Tata Chemicals with Tata Global Beverages in to Tata Consumer Products (TCPL) is paying rich dividends with TCP clocking revenues of Rs 12,425 crore in FY22, up from Rs 9,500 crore in FY20 and now set for higher growth, , magazine 22 April 2023