A US$65.5 million freeze dried coffee plant of Tata Coffee Viet Nam Company Limited, a member of India’s Tata Group, in the southern province of Binh Duong went operational on Wednesday after 19 months of construction.

The plant was built on an area of 80,000sq.m in the Singapore-Viet Nam 2 Industrial Zone in Bac Tan Uyen District. With a capacity of 5,000 tonnes per year, the plant targets to supply the global market with new types of instant coffee.

The opening of Tata’s freeze dried coffee plant in Binh Duong Province was evidence of the close cooperation between Viet Nam and India, according to Parvathaneni Harish, Indian Ambassador to Viet Nam.

Tran Thanh Liem, Chairman of Binh Duong Province People’s Committee, at the opening ceremony highly appreciated Tata Group’s investment in the southern province. He expected that the province would receive more investment from India in the future, stressing that the province would continue to improve the business climate and infrastructure system to attract investment and stimulate economic growth.

Tata Coffee is one of the largest integrated coffee cultivation and processing companies in the world. Its products were now present in more than 40 countries.

Tata Coffee is part of the Tata Group – a global enterprise, headquartered in India, comprising over 100 independent operating companies.

Two-way trade between Viet Nam and India reached $14 billion in 2018, from $7.8 billion in 2016. More than 20 per cent of the trade value was of agricultural products. — VNS