Kannan Devan

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  • Topic: Tea, Black tea, Tata Tea
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  • Published : December 6, 2011
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KANAN DEVAN HILLS PLANTATIONS COMPANY PRIVATE LIMITED, MUNNAR

DESCRIPTION:

It is the largest tea plantation company in Kerala which manufactures black tea, green tea and some value added tea. It also has an oil extraction unit from flowers and plants. Its annual production is around 23 to 25 million Kg of tea.

HISTORY:

KDHPC (P) Ltd is spread over 58000 acres of land in Kanan Devan Hills Village of Devikulam Taluk, Idukki District. Out of the 58000 acres of land the company has developed 22000 acres of land as tea plantation and another 19900 acres as fuel trees cultivation. In the year 1877 the Poonjar Chief (One of the kings in olden days) had leased this area to the Europeans for development. After several agricultural activities it was found that this area is suitable for tea plantations. The Europeans forms Kanan Devan Hills Produce Company Limited with its Head Office in Glasgow and subsequently Tatas joined with Finlay Group and taken over these plantations as Tata-Finlay Limited. Tata-Finlay Limited subsequently became Tata Tea Limited. In the year 2005, Tata Tea Limited formed a new company viz. Kanan Devan Hills Plantations Company Private Limited and leased the entire area for their operation. Since 2005 the Kanan Devan Hills Plantations Company Private Limited is holding these plantations and operating it.

COMPANY PROFILE :

Date of Establishment : 2005

Revenue : 190 Crores

|Market Cap |: The Company is formed with the equity participation of over 70% intended for employees and a | | |minority stake-holding for Tata Tea. Of this, the workers and staff hold nearly 38% of the equity. | | |In all 12,800 employees of the company representing more than 97% of the workforce of the Company | | |are shareholders in KDHPCPL, holding almost 70% of the equity stake, while Tata Tea holds 19% | | |stake, and others the balance. The company’s shares are not yet offered to the public. |

Corporate office : KDHP HOUSE, MUNNAR – 685 612, KERALA STATE

No. of Employees : 13,000 including 12800 workers and staff and management staff

No. of estates : 7 Estates comprising an average of 3500 hectares of land

|Nature of Business | : Cultivation and manufacture of tea. Sale of its products |

| | | | | | |Market |: A major percentage of Indian population consumes tea. India is the biggest market TATA Tea. | | |The company also exports tea to Middle East and Iran and Iraq |

|Production: | | | | |Year |In Million Kgs. | | | | | | | 2005/06 |19.99 | | | | | | |2006/07 |20.39 | | | | | | |2007/08 |21.25 | | | | | | |2008/09 |22.70 |...
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