Covid-19 crisis: We’re adapting to new normal, says N Chandrasekaran

The pandemic has brought unprecedented change in the way people live and work, N Chandrasekaran, chairman, Tata Consumer Products, said at the firm’s annual general meeting (AGM) on Monday.

Held virtually, the AGM was the first after the merger of the Tata Chemicals consumer business with Tata Global Beverages in February. The consolidated top line of the firm for FY20 stood at Rs 9,637 crore after the merger.

Nearly 60 per cent of Tata Consumer’s consolidated revenue comes from India, while the rest comes from international markets. “We faced logistical challenges in the Indian market,” Chandrasekaran said. “Limited availability of workers due to large-scale migration, restrictions on movement and transport and time taken to streamline retail operations were some of the key issues.”