Tata, PepsiCo JV mulls taking nutrient water brand pan India
Jun 08 2014 , New Delhi
"Tata Water Plus represents the larger mission of mitigating nutritional gaps in the Indian diets. Our plan is to make it a national brand," TGBL CEO and MD Ajoy Misra said in an interview to group in-house magazine Tata Review.
Tata Water Plus, launched in February 2012, is available in Tamil Nadu, Andhra Pradesh and Gujarat at present. It is a product of NourishCo, the 50:50 JV between TGBL and PepsiCo that was formed in 2010.
NourishCo is focused on enhancing the hydration category in India. Currently, the JV has three products in its portfolio -- Tata Water Plus, Tata Gluco Plus and Himalayan Natural Mineral Water.
"The company has built an expansive pipeline of innovations that will be used to fuel growth and create newer hydration solutions," the company said.
Tata Water Plus is available in 1 litre and 500 ml bottle priced at Rs 20 and Rs 10 respectively. The company has also launched Tata Water Plus in 200 ml pouch format priced at Rs 2 to provide accessible nutrition to consumers, especially lower SECs, it said.