Investor relations

Joint ventures and associates

Joint ventures:

Company name Country of incorporation
NourishCo Beverages Ltd. India
Tata Starbucks Private Ltd. India
Tetley ACI (Bangladesh) Ltd. Bangladesh
Southern Tea LLC USA
Empirical Group LLC USA
Tetley Clover (Pvt.) Ltd. Pakistan

Associates*:

Company name Country of incorporation
Estate Management Services Pvt. Ltd. Sri Lanka
Amalgamated Plantations Pvt. Ltd. India
Kanan Devan Hills Plantations Co. Pvt. Ltd. India
TRIL Constructions Ltd. India

*Associate classification is based on equity shareholding.

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