Tata Chemicals is weighing the possibility of foraying into the low-volume, high-margin business of flavoured salt. Industry sources said the company would target the global markets, and produce the quality accordingly. |
Although the company will produce the salt in India, it would export its flavoured salt to international destinations such as south-east Asia, the Middle-East and Europe. |
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Tata Chemicals Chief Financial Officer P K Ghose said, "We are evaluating various growth options. It is too early to comment on this." |
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The leading manufacturer of soda ash in India, Tata Chemicals, with a 41 per cent share commands a leadership position in the edible salt market. The commodity, branded 'Tata Topp', is a success mainly in the export markets "" the Middle-East and south-east Asia. |
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Flavoured salt, which has an aroma, is mainly used in cooking non-vegetarian food items like fish, chicken and meat. |
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Internationally, various flavours such as lime, rosemary, basil, sariette, marjoram and thyme are available. The commodity is also available in certain select shops in India. |
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Although the market for flavoured salt is still in its infancy, it is emerging a potential market for chemical companies both in India and abroad. |
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The market potential for the commodity was not immediately available as it is a niche market and the Tatas are believed to be only evaluating demand for the product. |
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Earlier, in an analyst meet, the company had stated it was also looking at introducing crystal salt and cooking soda in the Indian markets. |
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