TEA welcomes additional incentives on exports

Extension of 2% interest subvention for one more year, up to 31st March, 2014 will help to increase the competitiveness and the exporters could also plan in advance and workout the costing accordingly.  The Granting of incentive on incremental exports made during the period January-march 2013 over the base period January-March 2012 for the IEC […]

Coffee growth brewing faster than tea for Tata Global Beverages

Tata Global Beverages Ltd (TGBL) expects the coffee segment to outperform its tea business on the back of product innovation. The beverage maker expects the segment to grow at 15 per cent year-on-year in India and Russia. While tea continues to contribute about 70 per cent to overall revenue, coffee’s contribution is about 25 per […]