Tata group plans to consolidate food and beverages under Tata Global

Under Chairman N Chandrasekharan, TGBL has switched focus to its India business, which contributes 49 per cent to its branded business

The $104-billion Tata group will kick off a new round of consolidation two months after it restructured operations under 10 verticals. The group may make an announcement on Wednesday about transferring the consumer products business of Tata Chemicals to Tata Global (TGBL) as part of a larger mandate to bring food and beverages under one unit. 

Tata Coffee, an arm of TGBL, may also be merged into the latter, as the group looks to streamline operations under the consumer and retail vertical, one of the 10 pillars identified by group Chairman N Chandrasekharan, persons in the know said. 

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