Tata Coffee
Indian coffee company / From Wikipedia, the free encyclopedia
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Tata Coffee was an Indian company that produced coffee, tea, pepper and related products. It was a subsidiary of Tata Consumer Products, and part of the Tata Group. Tata Coffee was merged with Tata Consumer Products on 1 January 2024.
Formerly |
|
---|---|
Company type | Public Subsidiary |
BSE: 532301 NSE: TATACOFFEE | |
ISIN | INE493A01027 |
Industry | Agriculture |
Predecessors |
|
Founded | 1922 (1922) |
Defunct | 1 January 2024 (2024-01-01)[1] |
Fate | Merged with parent company |
Successors | Tata Consumer Products |
Headquarters | No. 57, Railway Parallel Road, Kumara Park West, , India[2] |
Area served | Worldwide |
Key people |
|
Products | |
Revenue | ₹2,879.56 crore (US$350 million)[4] (2023) |
₹272.60 crore (US$33 million) (2023) | |
₹321.16 crore (US$38 million) (2023) | |
Total assets | ₹4,059.47 crore (US$490 million) (2023) |
Total equity | ₹2,351.18 crore (US$280 million)[4] (2023) |
Parent | Tata Consumer Products (57.48%)[5] |
Website | tatacoffee |
Tata Coffee owned 19 coffee estates in South India,[6] spread across the districts of Chikmagalur, Kodagu, and Hassan in Karnataka, and Valparai district in Tamil Nadu. Tata Coffee was the largest integrated coffee plantation company in the world.[7] Tata Coffee entered into a coffee sourcing and roasting agreement with Starbucks Coffee Company to supply coffee beans to its coffee chains in India. Both agreed to work toward developing and improving the profile of India-grown coffee around the world, as well as improving the quality of coffee through sustainable practices and advanced agronomy solutions.[6] In 2012, the two companies launched the equal joint venture Tata Starbucks (formerly Tata Starbucks limited). According to the reports, Tata Coffee established a $50 million greenfield instant coffee facility in Vietnam.[8][9]