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Pandemic Widens Gap Between Large And Small Tea Producers
HUL, Tata Consumer and Tata Global Beverages-Dhunseri have seen their market share increase during the pandemic.
05 Aug 2021, 01:06 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![A woman pours freshly brewed tea into a cup. (Photographer: Taylor Weidman/Bloomberg)](https://media.assettype.com/bloombergquint%2F2017-11%2Fe9d75bfa-c019-4b80-94b3-16f6e0e2b56c%2F312951783_1-3.jpg?rect=0%2C239%2C4000%2C2250&auto=format%2Ccompress&w=200)
A woman pours freshly brewed tea into a cup. (Photographer: Taylor Weidman/Bloomberg)
Large tea producers increased their dominance during the pandemic as a wave of consolidation and formalisation helped them gain at the expense of regional and smaller peers.The combined market share of the top three producers in the world’s second-biggest market for the commodity—Hindustan Unilever Ltd., Tata Consumer Products Ltd. and Tata Global Beverages-Dhunseri Ltd.—rose by nearly four percentage points to over 67% in the year t...
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