Protests, riots hit businesses in varying degrees, India needs to solve problems in democratic manner: Coca-Cola CEO

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Press Trust of India Mumbai
Last Updated : Mar 02 2020 | 4:36 PM IST

Protests and riots impact businesses in a society in varying degrees, and India needs to solve problems it is grappling with in a "democratic" manner, global beverages major Coca-Cola's Global Chairman and Chief Executive Officer James Quincey said on Monday.

He added that democracy is a big attribute that makes Coca-Cola look at India as a market with long-term potential.

India is currently the fifth-largest market by volume for the company and it is aiming for doubling of sales in the next five years to become the fourth largest, he said.

Replying to a question on the recent spate of protests and riots, he said, "If there are disruptions in the functioning of a society, there will be some degree of problems for all businesses."

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First Published: Mar 02 2020 | 4:36 PM IST

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