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Tata Coffee infused $4.75 million in equity capital of TCVCL

Tata Coffee has infused an amount of $4.75 million (approximately Rs30.49 crore) in the equity capital of Tata Coffee Vietnam Company (TCVCL), which is incorporated as a Single Member Limited Liability Company in Vietnam; and consequently, TCVCL became a Wholly-owned Subsidiary of the Company. The move is followed by the company’s decision to set up a state-of-the-art Greenfield Freeze Dried Instant Coffee facility in Vietnam of 5000 MT capacity per annum through a Subsidiary Company with an Estimated Project Cost of $50 million (approximately Rs 350 crore).

Tata Coffee (TCL) incorporated in 1943; is the largest coffee plantation company in Asia. The company is also engaged in production of Pepper and Cardamom in its Coffee Estates.

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