Tata-Bisleri Deal: Tata group will buy a stake in a company selling bottled water, this is the complete plan


Posted on 24th Nov 2022 02:51 pm by rohit kumar

Tata Group is now planning to buy a stake in Bisleri International, the largest brand selling bottled drinking water. According to media reports, Tata Group has proposed India's largest packaged water company Bisleri, which is owned by Ramesh Chauhan, to buy a stake in Bisleri International.

 

What is the complete plan of Tata Group?

 

According to media reports, the Tata group is showing enthusiasm toward the packaged drinking water business and has made an offer to the company to buy a stake in Bisleri. Tata is taking this step to gain a foothold in the entry-level, mid-segment, and premium packaged drinking water categories. Hopefully, this decision will help the company do just that. Entry into this business will enhance Tata's retail stores, chemist channels, institutional channels, hotels, and ready-to-go market network. Be informed that apart from restaurants and airports, Bisleri Mineral Water is the leading brand in the business of bulk water delivery as well. Let us tell you that the consumer business of Tata Group is very big.

 

Tata Pass already has big brands like Starbucks Cafe and Tetley Tea

 

The company operates Starbucks cafes. Apart from this, the company has brands associated with Tetley tea, eight o'clock coffee, Soulful cereals, salt, and pulses. At the same time, the Tata Group is also involved in the bottled water business under the Nutrishco brand. Now the group is looking to expand its bottled water business by acquiring Bisleri.

 

Also Read: ED QR Code: Now you will not be a forgery in the name of the Enforcement Directorate, investigation agency will put the QR code on the summons

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