Tata Global Beverages Ltd, formerly Tata Tea, is planning to add foods and fortified

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health drinks to its portfolio of products that currently includes tea and non-carbonated drinks.

Company Chairman Ratan Tata told shareholders of TGB here that he continues to remain optimistic of continued growth from the core tea business, while growth is also expected from the health and wellness space.

Tata said the company, so far engaged in the businesses of tea, non-tea non-carbonated beverages and mineral water, was planning to foray into foods and fortified health drinks.

TGB, which in April this year announced a tie-up with PepsiCo, would explore the possibility of setting up a JV for global distribution of its products, as it eyes a revenue of USD five billion by 2015.

"The present revenue of the company is USD 1.5 billion. The target is to take it to USD five billion in the next five years," company Chairman Ratan Tata told shareholders at the company's 47th AGM here.

Tata said that TGB would build up operational scales in US and Russia.

The company would also stay away from unhealthy beverages which were injurious to health, he said