At meeting held on 19 December 2016
Tata Coffee announced that the Board of Directors of the company at its meeting held on 19 December 2016 approved to set up a state-of-the-art greenfield Freeze Dried Instant Coffee facility in Vietnam of 5000 MT capacity per annum. This would be done through a subsidiary of the company to be incorporated. The project is subject to the completion of all legal and other formalities. Estimated cost of the project is USD 50 million (approx. Rs 350 crore).Powered by Capital Market - Live News
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