Coke's sale down by low single digit in Jan-March

Venkatesh Kini says the firm is gearing up to launch first juice-based carbonated drink in India

Beverages major Coca-Cola’s sales dipped by a “low single digit” during January-March 2017 in the India and South-West Asia region. 

While the firm posted an 11 per cent growth rate in India during the same period last year, the last quarter’s performance in the region impacted its sales in the Asia-Pacific region, the company informed the New York Stock Exchange on Tuesday.

“Unit case volume growth of 1 percent included low single-digit growth in our Greater China & Korea and ASEAN business units, partially offset by a low single-digit decline in our India & South West Asia business unit”, it said in