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India’s Tata sets sights on food and drink deals

Owner of Tetley tea wants to acquire brands that can grow internationally as well as within the country
Tata Consumer Products chief Sunil D’Souza says ‘we were literally given a blank sheet of paper’ to build the company

India’s Tata conglomerate is on the hunt for food and drink acquisitions that it can grow internationally, as the Tetley tea owner sets out to become a major consumer goods player.

Sunil D’Souza, chief executive of Tata Consumer Products, told the Financial Times the company was in discussions with multiple people about possible acquisitions but ideally wanted to buy a brand with global reach.

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