Portes 5 Forces Model Essay Example
Portes 5 Forces Model Essay Example

Portes 5 Forces Model Essay Example

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  • Pages: 3 (677 words)
  • Published: November 21, 2017
  • Type: Paper
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Tata Tea Limited, one wing of Tata Group was established in 1962 as Tata Finlay Limited through technical and financial collaboration with James Finlay & Co. Ltd. , Glasgow, U. K. The company made joint venture with James Finlay to develop value-added tea. James Finlay sells their shareholdings to Tatas heralding the "Dawn of a new Era" and the company changed its name to Tata Tea Limited in the year 1983.

The company is headquartered in Kolkata and owns 27 tea estates in the states of Assam and West Bengal in eastern India and Kerala in the south; it represents the world's second largest global branded tea operation with product and brand presence in 40 countries. The company has five major brands in the Indian market such as Tata Tea, Tetley, Kanan Devan, Chakra Gold and Gemini catering to all major consumer segments

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for tea. Tata Tea has subsidiaries in Great Britain, United States and India.Also the company has a substantial interest in the Sri Lankan tea industry through Watawala Plantations, Sri Lanka and Kanan Devan Hills Plantation Company as associate companies. The company has a 100 per cent export-oriented unit (KOSHER & HACCP certified) manufacturing instant tea in Munnar, Kerala, which is the largest such facility outside the United States.

Tata Tea decided to move from the commodities business to consumer branding in 1983. Its first brand was Tata Tea, followed this Kanan Devan, Agni, Gemini, and Chakra Gold.However, the concept of branded teas would be slow to catch on in the domestic market, which was the world's largest and also it covers overseas business, the Tata Tea and Tetley portfolios of branded offerings cater

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specifically to the Australian, Middle East, West Asia, North Africa, Poland, Russia and Kazakhstan markets. This is independent of the manufacturing and supply operations of its Tetley and other subsidiary companies. Tata Tea brand is accorded "Super Brand" recognition in the country. A wholly owned subsidiary was incorporated in 1987 and named as Tata Tea Inc, in the U.

S. A.Tata Tea took its brands to the global market in the 1990s and Cochin Spices Centre was built in the same year. In the year 1991, the company acquired 52. 5% shareholding in consolidated Coffee Ltd (Tata Coffee Ltd.

) and in the same year the company has set up a pilot plant at Munnar for the production of Button Mushrooms and commenced test marketing the produce. Tata Tea formed the Joint Venture in Sri Lanka and initiated Estate Management Services (P) Ltd in the year 1992 and the International business division was established to consolidate export operations and to provide forays into foreign operations.Tata Tetley was established in the year 1993 by Joint Venture alliance with Allied Lyons plc. During the year 1995, the company introduced Polpacks in the South and North and which were well received by the segments.

In 1996, the company acquired 51% shareholding in Watawala Plantations Ltd through its Lankan JVC. The Tata Tea Ltd, which was the first company to introduce 100 percent instant tea to the United States in 1997 and the company's popular brand, Tata Tea Premium was launched in the twin-cities of Hyderabad and Secunderabad.In the year 1998 the another a new brand `Agni' was introduced by the company in the economy sector. During the period

2000, Tata Tea acquired the Tetley Group Ltd. , UK and has drawn up plans to market packet tea under the newly acquired Tetley brand in India, West Asia, the Confederation of Independent States and Russia.

After a year, in 2002 the company appointed consultancy firm BCG to guide on integration process with Tetley.In the year 2004, the company sets up country's first-ever tea museum at Nullathanni Estate in Munnar and Tata tea rolls out 'Select Finest Assam' tea in UAE. Bambino Investment & Trading Company Ltd was merged with the company. As on October 2005, Tata Tea Limited's subsidiary, Tetley US Holdings Limited, USA has acquired FMALI Herb Inc.

and Good Earth Corporation and also Tata Tetley Ltd was amalgamated with company, which was wholly owned subsidiary. The company transferred its undertakings in South India Plantation Operations (SIPO) in the same year 2005.

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