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The Silicon Review Asia

Tata Group to bring its FMCG businesses under one roof

Tata Group to bring its FMCG businesses under one roof

The Tata Group is one of India’s largest conglomerates and operates numerous companies that cover a wide array of sectors that includes steel, automobiles, power, retail, hospitality, telecommunications, software services, etc. The chairman of Tata Group N. Chandrasekaran has now planned to bring all of the conglomerate’s FMCG (fast moving consumer products) businesses under one brand. It seems to be part of the chairman’s broader efforts to simplify the corporate structure of all the numerous subsidiaries, all of which have their own independent management boards and consolidate operations across the corporation.

Under the new plan, the Tata Group’s brands such as Tata salt, spices, and snacks would be transferred from Tata Chemicals to Tata Global Beverages. However, the Chemicals division of the company would retain the manufacturing of the products. Several business analysts, as well as experts, agree that this move would definitely go on to improve the revenues and bring down the operating costs of Tata Global Beverages. Tata Global already owns Tetley Tea, one of the more popular brands of tea in India. Furthermore, it was also revealed that Tata Coffee would also be merged with Tata Global.

This seemingly extensive corporate restructuring comes in the wake Chandrasekaran’s consolidation of Tata Group’s defense and aerospace divisions, which were spread out across about a dozen companies. Further details regarding the reshuffling are expected to be disclosed in the near future.

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