CCL proposes to set up additional ``Tata Cafe'' branded coffee vending machines this fiscal. To increase the business volume of coffee, the company will enhance its institutional contacts as well.

Apart from this, a part of the investments will go into the company's Timber division. CCL has recently entered into Timber Value-Addition industry by getting its silver oak timber converted into plywoods of different types.CCL will also seek the shareholders' nod for re-appointing M A Bopanna, managing director of the company, for a further period of three years with effect from January 1, 1999.

The company is also collaborating with leading agencies to undertake various research and developmentactivities. The agencies include the Central Coffee Research Institute and Rallis R&D, Bangalore, Indian Institute of Spices Research, Calicut, Upasi Tea Research Institute and Indian Institute of Science of Bangalore.