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Tata Coffee's new hi-tech plant goes on stream in TN
The Financial
Express March 29, 2007
Tata
Coffee stepped into all the value-added segments of
soluble coffee with the inauguration of its state-of-the-art
freeze-dried plant at Theni, near Madurai, on Tuesday.
The Rs19-crore plant, said to be the first of its kind
in South-east Asia, is set up with the technical expertise
of EE Verfahrenstechnik GmbH, Germany. "It has
an annual capacity of 2,000 tonne with provisions for
expansion to meet growing demand," company sources
said from Bangalore. "Freeze dried coffee, being
in the fastest growing instant coffee segment, commands
a significant premium over other soluble coffee and
is expected to contribute significantly to the company's
growth plans in the coming years," sources said.
Tata Coffee is looking at converting
all its soluble coffee, including the new freeze-dried
capacity, into branded operations and become a significant
player in the key markets. This transformation from
a commodity player to a branded one would strengthen
its bottomline and ensure its continued presence in
markets like the US, the UK and Europe where coffee
is the predominant beverage. "There are new forms
of coffee products that are coming in, which are ready
to drink and an interesting area to jointly examine.
The move will help the company to grow into a significant
beverage player in the United States," sources
said.
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