Tata Chemicals (TTCH) is a 78-year-old commodities company, reinventing itself as a specialty and consumer products company. It has a diversified portfolio of businesses: (a)soda ash and sodium bicarbonate, where it enjoys global leadership, (b) fertilizers,which it is exiting from, (c) agricultural inputs, through subsidiary, Rallis India, (d)consumer products such as branded iodized salt, pulses and spices, and (e) a fledging specialty products business - materials such as highly dispersible silica (HDS) and nano material, and nutritional products like oligosaccharides and polyols. It also hassizable financial investments that it can liquidate to fund its growth.