Page 41 - Tata_Chemicals_2018-2019
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Integrated Annual Report 2018-19



                Risks

            Competitive risk                  Dynamic regulatory environment     institutes ICT (Mumbai) and CFTRI
            •  Increasing competitive intensity with   •  With Nutraceuticals being an   (Mysore) and appropriate FICCI and CII
              domestic and global players who are   emerging category, it is critical that   networks. We continue to work closely
                                                                                 with regulatory authorities to ensure
              introducing stevia-based products  the authorities understand the efficacy   our products meet all compliances
            •  Stringent health & safety norms and   and effectiveness of the product by   and we remain abreast of incoming
              competitive pricing threats in Europe   leveraging the expertise of academic   regulatory changes     Integrated Report

               Opportunities


            •  With increasing disposable incomes and   is expected to provide immense growth   recommended for children and other
              rising awareness for health and dietary   potential                immunocompromised adults provides
              needs, the consumers are increasingly   •  FSSAI’s notification to products   unique positioning to our product, Zero
              adopting Nutraceuticals. The segment   using artificial sweeteners (excluding   Sugar - a stevia-based sweetener, which
              is witnessing significant investment and   stevia) be labelled as not safe / not   is made from 100% natural ingredients


               Strategies

            Target IP protected and           Strengthen pipeline              margins and loyalty and the emergence of
            differentiated offerings          •  With rampant protein deficiency in   new points of sale that integrates with daily
            With more F&B companies resorting to new   Indians and increasing consumption   experience, our strategy will be to:
            technologies to reduce sugar content in their   of gummy vitamins, we will target   •  Explore new and unconventional
            products, our strategy is to:      strengthening pipeline with functional   channels to supplement existing   Statutory Reports
            •  Maintain a competitive advantage by   foods, probiotics and gummy vitamins  distribution network
              developing science-based IP protected                            •  Engage with end-users in new and
              offerings in nourishment, correction and   Enhance distribution and customer   personal ways such as digital media,
              replacement domains             engagement                         at schools, offices, etc.
            •  Launch stevia-based formulations   With the trend of retailers increasingly
              labelled as low sugar/low calorie  investing in own private labels to drive


                                                                               Tata Nx Zero Sugar is a one-of-its-kind offering
                                               GROWTH STORY                    made from non-artificial sugar substitute –
                                                                               lactose (natural milk sugar), steviol glycosides
                                                                               (extracted from stevia herb) and a fruit extract.
                                               Accelerating                    100% natural, with no sugar, this product has
                                               growth by scaling               a low Glycaemic Index as compared to regular

                                               Zero Sugar                      sugar, making it appropriate for people who
                                                                               have been advised to avoid or reduce their
                                                                               sugar intake.                        Financial Statements
                                                                               Post its successful pilot run in FY 2017-18, we
                                                                               relaunched the product in July 2018, exclusively
                                                                               on Amazon and at select stores in Bengaluru,
                                                                               Chennai and Hyderabad. Vital for individuals
                                                                               seeking health or fighting ailments, the product
                                              Tata Nx Zero Sugar has been recognised
                    For deeper insights into    with the Ayush Kamal Ratna for India’s Best   has been well-received. We are now focussing
                    our product portfolio,    Natural Sweetener in Swadeshi National   on scaling-up distribution and supplying it on a
                    please refer to page 06-07  Award ceremony in April 2017   pan-India basis.


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