He was earlier Managing Director of KDHP (Kanan Devan Hills Plantations), an associate company of Tata Global Beverages Ltd.

Tata Coffee has appointed plantation industry veteran Chacko Purackal Thomas as its Executive Director and Deputy Chief Executive Officer.

Thomas, who comes from another Tata Group firm, has over 23 years of experience in the plantation industry, Tata Coffee said in a statement here on Tuesday.

His appointment was cleared at a Tata Coffee Board meeting held on August 3, it added.

He was earlier Managing Director of KDHP (Kanan Devan Hills Plantations), an associate company of Tata Global Beverages Ltd.

Thomas was the Managing Director of KDHP since 2012.

Tata Coffee, a subsidiary of Tata Global Beverages, is Asia’s largest coffee plantation company and India’s third largest exporter of the beverage.

The company produces more than 10,000 million tonnes of shade grown Arabica and Robusta coffees at its 19 estates in South India. Its two instant coffee manufacturing facilities have a combined installed capacity of 8,400 tonnes.

Tata Coffee had reported 16% fall in consolidated net profit for the quarter ended June 30, at Rs 25.4 crore, citing higher expenses.

The company, however, saw a rise in total consolidated income in the April June period of FY16 at Rs 396.04 crore, up from Rs 374.52 crore in the same period of last fiscal.

source: http://www.dnaindia.com / DNA / Home> Money /Place: Mumbai, Agency: PTI / Tuesday – August 11th, 2015