Tata Consumers Product Ltd holds its first AGM after the merger | All you need to know
41Tata Consumers Product Limited held its first annual general meeting (AGM) after the merger of the consumer business of Tata Chemicals with Tata Global Beverages. N Chandrasekaran the Chairman of the company said that our business was impacted by the lockdown restrictions imposed by various governments across the globe to manage the Covid-19 pandemic. He said the company is likely to face short term challenges in the scarcity of labour due to large-scale migration, restrictions on movement and transport and time taken to streamline retail operations. The merger has marked a new strategic direction for the company with broader exposure to growth opportunities in the Indian FMCG market across all categories. N Chandrasekaran said the situation is improving slowly and the company will closely monitor consumer trends and buying behaviour across markets.
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