CCL Products (India) Limited, a private label coffee manufacturer, has achieved the status of a billion-dollar company in terms of market capitalisation, a company release said. Over the past 28 years, the Indian multinational has experienced growth, expanding from 3,000 tonnes per annum (TPA) in 1995 to 55,000 TPA currently, the release added.

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With four manufacturing units in India, Vietnam, and Switzerland, CCL Products has its presence in over 100 countries, making it the third-largest player in India's B2C coffee segment.

The company is also constructing a new manufacturing plant in Andhra Pradesh, with an investment of Rs 400 crore. The company has also ventured into the plant-based protein snacks category.

The CCL has made investments in its supply chain, packaging, and marketing, establishing a strong presence in the B2C market segment.

"In pursuit of its goal to become an FMCG (Fast-Moving Consumer Goods) company, CCL has introduced its own brands and recently acquired six coffee brands from Sweden-based coffee roasters Löfbergs Group," the release said further.

First Published:Jun 29, 2023 2:36 PM IST