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Tatas set to get into Pan-India coffee retail
Posted On: 11-08-2008 08:05:19 AM

In 2001, the Tata's bought stake in Barista from the Turner Morrison group for Rs 26 crore. After three years, they exited Barista after selling its stake to Sivasankaran’s Sterling Infotech reportedly for Rs 65 crore. The group is now is waiting for the non-compete contract it signed with Barista to expire next year before it enters the category with a coffee bar chain. Tata Coffee, Asia's largest coffee plantation company, is already running its branded coffee powder retail business through Mr. Bean Coffee Junction. Bean is neither a café nor a coffee outlet – it simply provides an opportunity to buyers to blend different varieties of coffee power. Mr. Bean outlets have been opened in Kochi and Coimbatore. Tata Coffee owns 19 coffee estates in South India. It produces 10,000 tons of Arabica and Robusta coffees.

 
 
 

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