SLMG Beverages, Coca-Cola's leading bottling partner in India, has inaugurated its largest plant in Buxar, Bihar, where it is investing Rs 1,200 crore in the first phase. This marks a significant milestone in the industrial development of Bihar and strengthens beverage production capacity across eastern India, SLMG Beverages said in a statement on Saturday. The Nawanagar, Buxar facility is SLMG Beverages' first Coca-Cola bottling plant in Bihar and will serve as a primary supply hub for the state and neighbouring regions, including eastern Uttar Pradesh. "By bringing manufacturing closer to consumption markets, the plant is expected to reduce logistics costs, improve supply responsiveness, and ensure fresher product availability during peak demand seasons," the company said. Spread across about 65 acres, the Boxer facility has seven high-speed production lines with a total installed capacity of over 5,000 bottles per minute. It will support carbonated soft drinks, juices, packaged
Initiative will leverage structured recycling and collectible merchandise to transform stadium waste management into a fan-led sustainability movement during the T20 World Cup
Coca-Cola is evaluating acquisition opportunities in India as it expects the country to become its third-largest market by volume in the coming years
Coca-Cola expects growth momentum to be robust in India this year and soon become one of its top three global markets, supported by the country's evolving retail landscape and resilient domestic demand, its Global President & CFO John Murphy said on Friday. Indian market has a solid foundation, and the underlying consumer sentiment is quite robust, despite challenges faced by Coca-Cola here in 2025 due to weather-led disruptions, he added. Coca-Cola has an overall very positive outlook for the Indian market, which is quite vibrant, and has a tremendous amount of energy, said Murphy. "Notwithstanding how many items have come at us over the last couple of years, I think the underlying consumer sentiment overall is quite robust. There are some markets where that's not the case. But I think when I look at the year ahead, it's a pretty solid foundation from which we can look at," said Murphy in a selected media round table here. India is the fifth largest market for The Coca-Cola ...
The Coca-Cola Company has announced leadership changes effective March 31, 2026, creating new market groupings under incoming CEO Henrique Braun, including expanded oversight for India
Around 4-6 per cent of HCCB's workforce is being cut as part of a restructuring drive, impacting teams across sales, supply chain, distribution and plant operations
Beverages major Coca-Cola India's has posted a 46.3 per cent rise in consolidated profit to Rs 615.03 crore in FY25, while its revenue from operations was Rs 5,042.56 crore, up 7 per cent. Its total income, which includes other income, increased 7.7 per cent to Rs 5,171.48 crore for the financial year ended March 31, 2025, according to financial data accessed through business intelligence platform Tofler. Coca-Cola India Pvt Ltd's net profit was Rs 420.3 crore, and its revenue from operations was at 4,713.38 crore in FY24. India is the fifth-largest market of the Atlanta, US, headquartered beverage major The Coca-Cola Company. Coca-Cola India's expenses on advertising and sales promotion decreased Rs 13.75 crore to Rs 1,311.13 crore for the year under review from Rs 1,520.22 crore in FY24. However, royalty paid to its US-based parent entity, The Coca-Cola Company, was up 9.65 per cent to Rs 556.52 crore. Coca-Cola India is an unlisted entity, controlled by its parent entity throu
The mention of Braun's citizenship was unusual for a US-based company, and raised the question of whether it was done for geopolitical reasons
Quincey, who is 60 and has been CEO for nine years, will transition to executive chairman, according to the company. He is currently chairman of the company's board
Heavy rainfall and an extended monsoon dragged down beverage sales for Coca-Cola, PepsiCo, Varun Beverages, and Dabur during the September quarter as consumer demand softened
Hindustan Coca-Cola Beverages, the bottling arm of beverage major Coca-Cola in India, expects a decent growth in FY26 despite facing disruptions in the first half, from adverse weather conditions to external macroeconomic pressures, according to a top company official. HCCBL hopes for a "promising potential outlook", encouraged by favourable macro conditions, such as rapid urbanisation and rising disposable income, and it would continue to invest in expansion of capacity, portfolio and distribution, among others, said its Chief Financial Officer Harsh Bhutani. Besides, the board of Hindustan Coca-Cola Beverages Ltd (HCCBL) has been reconstituted after the parent entity, The Coca-Cola Company, divested a 40 per cent stake to Jubilant Bhartia Group. According to an industry insider, four people from the Jubilant Bhartia Group, engaged in pharmaceuticals, food services, agribusiness, energy, and other services, have joined the board of HCCBL. When asked about the development, Bhutani
Hindustan Coca-Cola Beverages Ltd, the bottling arm of beverage major Coca-Cola in India, reported a 73 per cent decline in net profit to Rs 756.64 crore in FY2024-25. Its revenue from operations dropped by 9 per cent to Rs 12,751.29 crore, according to a regulatory filing by the company. Its total income, which includes other income, was up 9.63 per cent to Rs 12,864.36 crore for the financial year ended on March 31, 2025, according to financial data accessed through the business intelligence platform Tofler. Hindustan Coca-Cola Beverages Ltd (HCCBL) net profit was at Rs 2,808.31 crore and its revenue from operations was at 14,021.55 crore in the year-ago period. The company had a higher base in FY24 due to gains resulting from the divestment of its bottling operations in Rajasthan, Bihar, the North-East, and parts of West Bengal to its existing bottlers - Kandhari Global Beverages, SLMG Beverages, and Moon Beverages, respectively - on a going concern basis through a slump sale.
"In India, volumes declined as our business was impacted by inclement weather," Henrique Braun, chief operating officer at the Coca Cola Company told analysts on a post results call on Tuesday
The deal would bring one of the world's best-known brands to India's hot IPO market, which is on track for a record month and possibly have its best year ever in 2025
The deal would bring one of the world's best-known brands to India's hot IPO market, which is on track for a record month and possibly have its best year ever in 2025
Rivaba Jadeja and new Deputy Chief Minister Harsh Sanghvi were among 26 ministers sworn into Gujarat’s revamped cabinet on Friday.
Three Coca-Cola bottlers in India will jointly invest Rs 25,760 crore (USD 2.96 billion) to expand the country's food processing infrastructure and have signed memoranda of understanding with the Ministry of Food Processing Industries for greenfield and brownfield projects, according to an industry official. SLMG Beverages, Hindustan Coca-Cola Beverages (Coca-Cola's wholly-owned bottling arm), and Kandhari Group of Companies have committed to the investment, which will span nine states, including Uttar Pradesh, Bihar, Andhra Pradesh, Telangana, Karnataka, Gujarat, Punjab, Rajasthan and Jammu. "Coca-Cola India and all the other bottlers, including SLMG Beverages, have signed an MoU worth Rs 25,760 crore with the food processing industry," said Paritosh Ladhani, joint managing director of SLMG Beverages told PTI. SLMG Beverages, Coca-Cola's largest bottler in India, will contribute Rs 8,000 crore to the investment, Ladhani added. The projects are expected to generate 30,000 direct jo
The move is expected to bring significant revenue to rural communities and deepen the integration between agriculture and industry
SLMG Beverages expects high single-digit growth in 2025 despite weak quarters, eyes Rs 9,000 crore revenue in FY26 and Rs 20,000 crore by FY32 amid expansion plans
Coca-Cola COO Henrique Braun said India remains a long-term growth market with expanding consumer base, rising drink frequency and steady capacity investments