Ratan Tata leads Tata Consumer Products’ all set for bold expansion into packaged foods
Tata Consumer Products Ltd (TCPL) is set to acquire Capital Foods, known for Ching’s Secret, and health company Organic India for Rs 7,000 crore. The acquisitions will catapult TCPL into the high-growth packaged foods segment, expanding its portfolio beyond mainstay brands like Tata Tea and Tata Salt.
Led by veteran industrialist Ratan Tata, TCPL aims to transform into a leading fast-moving consumer goods company through strategic acquisitions. Despite competition from FMCG giants, TCPL’s Rs 108,000 crore market cap positions it as the frontrunner to secure Capital Foods.
This latest move reflects the Tata Group’s ambition to aggressively expand its presence across new consumer product categories. TCPL posted robust revenue of Rs 13,783 crore in FY23, and the addition of popular brands like Ching’s Secret will further boost its market share.
Ratan Tata continues to steer the growth of Tata companies even after retiring as chairman. The acquisition of Capital Foods and Organic India demonstrates his vision to shape TCPL into a formidable FMCG force. By entering high-growth segments, TCPL is cementing its place as an ever-evolving consumer goods leader.