The company is eyeing the Rs 100 crore artisanal coffee market.
Tata Consumer Products Ltd (TCPL) has introduced a premium roasted and ground coffee under the Sonnets brand targeting urban and increasingly discerning coffee drinkers in India. With this launch, the company is eyeing the Rs 100 crore artisanal coffee market .
The TCPL’s move marks its maiden foray into the Direct-to-Consumer (D2C) market. It will let the company tap a growing number of buyers shopping online, especially during the pandemic when most are cooped indoors and unable to visit cafes and coffee shops.
Puneet Das, President, Packaged Beverages, India & South Asia, Tata Consumer Products Limited, said, “The user can choose the roasting level, grounding and flavors of the coffee which gets delivered to the doorstep of the customer via our delivery channels. We are leveraging both premiumization and home delivery trends through this launch.”
The coffee is produced in Tata Coffee-owned estates. The consumer can choose his preferred roast type from between a light, medium, and a dark roast option, and could also suit his brewing preference and opt for either a filter coffee or a French press grind.
Tata Consumer Products will be expanding the offering to gourmet stores in metro cities as it scales up in the segment.
“Our ambition is to be seen as a serious coffee player just like we have equity in the market with Tata Tea. We aim to have a sizable share in the market as we grow,” Das added.
As the coffee culture evolves, the company will also evaluate new coffee variants like green coffee in India.
source: http://www.indianretailer.com / The Indian Retailer / Home> News / by Vaishnavi Gupta, Features Writer / June 03rd, 2021