Tata Consumer Strengthens Wellness Portfolio with Organic India Buy

Tata Consumer Products Limited (TCPL) has successfully acquired Organic India Private Limited. It has acquired the remaining 8,750 equity shares, which are valued at 10 Rs each, on December 13, 2024. TCPL now owns Organic India fully and completely, making it a wholly owned subsidiary of the company.

This strategic move is in line with Tata Consumer's efforts to strengthen its presence in the organic and wellness markets, which have witnessed rapid growth in recent years. Organic India is known for high-quality organic teas, wellness supplements, and other health-focused products that complement TCPL's existing product range. This acquisition is expected to enhance TCPL's position in the booming health and wellness segment by offering a broader array of premium organic products to consumers.

The acquisition journey started in January 2024, when TCPL first bought a majority stake in Organic India from Fabindia Limited. TCPL went on to make incremental purchases of shares throughout the year to increase its stake. Its final purchase in December has now led to full consolidation, giving TCPL complete control over Organic India.

This move reflects TCPL's commitment to expanding its portfolio in the wellness space, reinforcing its focus on meeting the growing consumer demand for organic, sustainable, and health-conscious products.