Tata Coffee today said it would set up a greenfield instant coffee facility in Vietnam at a cost of USD 50 million (about Rs 350 crore). It has said in a filing to the BSE, Tata Coffee said that the board "approved the setting up of a state-of-the-art greenfield freeze dried instant coffee facility in Vietnam of 5,000 tonnes per annum."
It has said this would be done through a subsidiary of the company to incorporated . According to the company, the ‘ "Estimated project cost is USD 50 million (about Rs 350 crore)," Tata Coffee said.