During the year, we leveraged our integration capabilities with the fast-track integration of Capital Foods, further strengthening our F&B platforms. Additionally, we also completed the merger of Tata Coffee Ltd. Furthermore, in line with our simplification agenda, we announced the amalgamation of our wholly owned subsidiaries in India (viz. NourishCo Beverages, Tata SmartFoodz and Tata Consumer Soulfull) as well as the restructuring of some of our overseas wholly owned subsidiaries, effectively reducing the number of legal entities. All these initiatives will help us realise financial synergies over a period of time.

INTEGRATING TATA COFFEE, UNLOCKING VALUE

The Tata Coffee merger became effective on January 1, 2024 once all regulatory approvals were in place. The integration worked to simplify the organisational structure and strategically strengthen our position in the global B2B beverages market. Moving the solubles business of Tata Coffee under Tata Consumer presented opportunities to cross sell to customers of our coffee and tea extraction businesses and create a lean structure with operating efficiencies.

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The integration worked to simplify the organisational structure and strategically strengthen our position in the global B2B beverages market.

FAST TRACKING INTEGRATION OF ACQUIRED BUSINESSES THROUGH A ROBUST AND REPEATABLE PLAYBOOK
ENHANCING THE EFFECTIVENESS OF OUR OPERATIONS
PROCUREMENT STRATEGY
We have put in place systems to strengthen the sourcing for key commodities, enhancing efficiency and resilience amid market volatility and natural disasters. We have built and maximised synergies across the Foods portfolio, including the new acquisitions. Some of the tools we have deployed to achieve this include digital forecasting, inventory management and recipe optimisation to further consolidate our institutional knowledge, making our procurement strategy more efficient and informed.
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We have built and maximised synergies across the Foods portfolio, including the new acquisitions.

ENHANCING THE EFFECTIVENESS OF OUR OPERATIONS
As part of our supply chain transformation, we undertook initiatives to focus on delivering better value to our customers (business partners) and strengthening our sustainability agenda.

We continued to improve service standards to General Trade (GT) and Alternate Channels, while focusing on optimising costs. Our commitment to sustainability is evident in our focus towards renewable energy, increased use of recyclable materials and 100% Extended Producer Responsibility (EPR) compliance. We have maintained quality and compliance across our growing network as a priority. To enable this, we have built in-house capability for critical testing infrastructure in line with the National Accreditation Board for Testing and Calibration Laboratories (NABL) standards.
29% *
Renewable energy capability in 2023-24
62.8%
Use of recyclable material
100%
Extended Producer Responsibility compliance

* For India

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