The company, which currently procures about 2 lakh metric tonnes of fruits, plans to increase it further as part of its 'fruit circular economy' initiative.
The circular economy initiative is aimed at creating a virtuous economic cycle to positively impact Indian agriculture, Coca-Cola said in a statement.
"We visualise that this initiative will create a spurt in our local procurement of fruit and farm level interventions to have a positive impact on the Indian horticulture ecosystem," it said.
As part of the initiative, the company has appointed Asim Parekh as Vice President - Fruit Circular Economy INSWABU, with immediate effect.
In this role, Parekh will be driving the critical task of connecting the end-to-end value chain from farmer to grocer.