Tata group chairman N Chandrasekaran said that Tata Consumer Products Ltd., formed recently by the merger of Tata Global Beverages and Tata Chemicals, is aiming to be a full-fledged FMCG company. <br />The merger, which took effect from February, will provide a (broader exposure to growth and opportunities in the FMCG space) <br />He also said the (Covid-19 pandemic impacted business in the last quarter of 2019-20) and the first quarter of the current fiscal. The company is expecting a slow recovery of the supply chain and they expect the pandemic to continue in the near term and the (company is positive about the current fiscal and beyond.) <br />He said the company will (strengthen distribution and marketing channels so that its products are available nationwide). It will also bolster (presence in the U.S., U.K. and Canada.) <br />Chandrasekaran said during the last financial year, (Tata Starbucks opened 39 outlets, taking the total to 185 across the country.)
