Beverages major Coca Cola
India has dropped Bollywood superstar Salman Khan
as brand ambassador for its soft drink 'Thums Up' after four years of association and the company is in talks with young star Ranveer Singh
to replace him.
The contract with Khan had expired last month and the company has chosen not to renew it, according to industry
When contacted, Coca Cola
India declined to comment.
The company's decision to not to renew the contract with the 50-year-old actor is more to do with the image of Coca Cola, which is seen as a young brand, a source said.
"That explains why Coca Cola
is talking to a much younger star like Ranveer Singh," the source added.
Khan has been among the top celebrity endorsers reportedly charging Rs 5 crore per year per brand. Recently, he had courted controversy when he supported Pakistani artists saying "they were not terrorists" in the wake of a debate on whether they should be allowed to work in Indian movies after the Uri attack.
India had roped in Khan as its brand ambassador for the second time to endorse its Thums Up
brand in October 2012 replacing another Bollywood star Akshay Kumar. He had earlier endorsed the brand in early 2000s.
At that time, Coca-Cola India had also signed an agreement with Being Human — The Salman Khan
Foundation — to jointly promote, conceive and execute charitable and social activities.