Tata Group gets into coffee territory in Vietnam
DSIJ Intelligence / 17 Aug 2017
Along with its investments in such sectors as automobiles, steel and trading, energy, and watches in Vietnam, Tata Group has now set up a freeze-dried coffee plant that aims to produce 5,000 MT per annum of freeze-dried coffee.
Along with its investments in such sectors as automobiles, steel and trading, energy, and watches in Vietnam, Tata Group has now set up a freeze-dried coffee plant that aims to produce 5,000 MT per annum of freeze-dried coffee.
The plant will roll in the next 18-20 months to offer new product mixes of freeze-dried coffee, the company informed. Meanwhile, Tata Coffee was trading at Rs 134.80 per share, up by Rs 2.55 or 1.93% as at 1104 hours on Thursday, on the BSE. The stock hit its intraday high and low of Rs 137.25 and Rs 131.20 respectively. It attracted a traded volume of 7,46,458 shares and traded value of Rs 1,008.76 lakhs on the NSE.
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