Tata to Consolidate Entire FMCG Business Operation Under One

Sharing is caring!

Tata Group chairman N Chandrasekaran is likely to bring the fast-moving consumer goods (FMCG) business under one entity, according to media reports. The conglomerate may transfer the branded salt, pulses, masalas and ready-to-eat snacks portfolio from Tata Chemicals to Tata Global Beverages, a CNBC-TV18 report said.

The move is part of the Tata Group strategy to simplify the firm’s corporate structure and consolidate operations, as per the report. The proposal is likely to be announced on Wednesday and Tata Global Beverages will have a new name on account of this.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: