Tata Consumer Products, the Indian FMCG conglomerate, has announced the acquisition of food and drinks businesses Capital Foods and Organic India for a reported combined investment of 70 billion INR ($845 million). Tata Consumer Products said the deal was aligned with the company’s strategy to “expand its product portfolio and its target addressable market in fast-growing/high margin categories”. The company is reportedly buying 75% of the noodle and condiments firm …