Tata Global Beverages is an Indian conglomerate that operates in the tea and coffee industries. It was formed in 1962 through a joint venture between Tata and Finlay and has since grown through several acquisitions. In 2000, it acquired Tetley, making it the second largest tea company globally. Post-acquisition, Tata Tea restructured financially by reducing employee costs and focusing on selling premium branded teas internationally rather than domestic commodity tea production. Currently, over half of its revenues come from international markets like the UK and US. The document recommends Tata Global Beverages further exploit growth areas like rural markets and product differentiation to continue expanding.