Hotline: 1800 102 2007
X
Search Business Opportunities
Sep, 12 2018

Tata Global Beverages restructures international business operations

The firm has also exited non-core and sub-scale markets to focus on its core regions.

Tata Global Beverages Ltd (TBGL) has restructured its overseas operations by bringing international businesses under a single unit. The company has merged businesses in Canada, America and Australia (CAA) and the UK, Europe, Middle East and Africa (EMEA) regions into a single unit.

The firm has also exited non-core and sub-scale markets to focus on its core regions.

TGBL said, "In Russia, the company has restructured its operating model, it has divested its stake in plantations in Sri Lanka, and exited its joint venture business in China."

The company has restructured its overseas operations to unlock synergies for the business, optimise costs and streamline operations.

Ajoy Misra, MD and CEO of Tata Global Beverages, said, "Tata Global Beverages’ ambitious growth plans require us to operate with greater efficiency, reduce our cost base and fully tap the potential synergies across our businesses that operating on a global scale can bring us. This restructuring will help us better focus on core markets and better leverage growth opportunities." 

The merged unit will be called international business division. It will be headed by Adil Ahmad, who was the company's Chief Marketing Officer. 

Comment
Related opportunities
  • Laundry & Dry Cleaning
    About U Clean: At UClean, we are building India's first organized..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
  • About Us: The Arvind Limited Legacy Since 1931, Arvind has been the..
    Locations looking for expansion Gujarat
    Establishment year 2010
    Franchising Launch Date 2010
    Investment size
    Space required 700
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Kalol Gujarat
  • Pizzeria
    About Us: We, at Pizzerio, are team of young and dynamic..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Fine Dine Restaurants
    About Us: Established in 2007, Marrakesh, a venture of Marrakesh Hospitality..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 450
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities