Vintage Coffee And Beverages secures Rs 176 crore order from a major brand in Southeast Asia to supply instant coffee
Posted on – 12:45 AM, Fri – 12 December 30 22
Vintage Coffee And Beverages secures Rs 176 crore order from a major brand in Southeast Asia to supply instant coffee
Hyderabad: Hyderabad-based instant coffee maker Vintage Coffee And Beverages has secured an order worth Rs 176 crore from a major brand in Southeast Asia to supply instant coffee.
The company’s managing director Balakrishna Tati said the order will help the company strengthen its presence in the instant coffee market in Southeast Asia. The company said it was finalizing consumer packaging supply orders with customers in Europe and West Africa.
The company said in a press release that the Indian coffee market is growing by 10% to 15% year-on-year due to rising revenue, demand from the institutional sector, changing habits, health benefits, and increased coffee cultivation.
