India business to gain led by robust tea segment growth TGBL commands 20% market share in the Indian tea segment. It expects to continue to grow above industry led by new launches and focus on premium tea varieties. The branded tea business has delivered robust volume growth of 8% in H1FY20 driven by market share gains, inorganic growth, product innovation and focus on premiumisation. Moreover, it would be benefiting from a shift from unorganised to organised sales on the back of strong marketing campaigns (Jaago Re) and higher sales of new variants (Elaichi,...