Tata Coffee Ltd said the strike at company's instant coffee division factory at Toopran has been called off.
Tata Coffee Ltd, a subsidiary of Tata Global Beverages Ltd, is India's third largest exporter of instant coffee.
Tata Coffee Ltd, owned 51 per cent by Tata Tea, plans to launch 100 coffee outlets in the country over the next five years to enhance presence.
Tata Coffee Ltd said on Monday it would supply premium coffee beans to Starbucks, the American coffee retail chain.
Tata Coffee Ltd has decided to form a joint venture with tea firm Beeyu Overseas Ltd for marketing and sale of the company's instant coffee products in the international market.
Fast-growing espresso chain Barista, in which Tata Coffee Ltd holds a stake of about 34 per cent, said on Monday it planned to double the number of its coffee bars to 320 in the fiscal year to March 2004.
Tata supplies coffee beans to over 100-odd Starbucks outlets in India but is now also looking to become a supplier of coffee for the Seattle-based company globally
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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