Coca Cola India

Coca-Cola bottler Ladhani Group's SLMG Beverages eyes overseas expansion

Ladhani Group-owned company plans to double its revenue to Rs 20,000 crore by FY31

Ready for more opportunities from Coca-Cola: Kandhari Global Beverages

Kandhari Global Beverages is ready for more bottling opportunities from Coca-Cola in India as well as foreign territories, its Managing Director Varinder Pal Singh Kandhari said on Wednesday. Besides, Kandhari Global Beverages, which has recently acquired Coca-Cola's bottling operations in the North Gujarat region, plans to double its turnover in the next 5-6 years from the current Rs 4,500 crore. The Atlanta-headquartered beverage major is divesting assets globally by franchising regional operations to local partners as part of its asset-light business model. "We look forward if there is an opportunity, we will definitely look at it," Kandhari told PTI. Kandhari Global Beverages was one of the three existing bottlers to whom HCCB had transferred bottling operations of the Rajasthan market in the last round in January 2024. It already operates in parts of Delhi, Himachal Pradesh, Haryana, Punjab, Chandigarh, Jammu & Kashmir, and Ladakh. "We have ambitions going beyond the ...

Coca-Cola to Apple: Global firms bank on India amid market slowdown

As global demand slows, top multinationals see India as a key growth driver, ramping up investments across sectors from beverages and tech to retail and luxury goods

Maaza becomes Coca Cola's 3rd Indian brand to step into billion-dollar club

Company gains $303 million from refranchising bottling ops in India in 2024

Jubilant FoodWorks rises 2%, hits 52-wk high on inking pact with Coca-Cola

The northward move in the Jubilant FoodWorks share came after the company said that it has signed a pact with Coca Cola India to purchase its portfolio of sparkling beverage products

Coca-Cola may cut prices to face competition from Reliance's Campa Cola

Coca-Cola's price cut comes amid rival Campa Cola's aggressive expansion and lower pricing. The Reliance-backed brand's price strategy has pushed rival brands to adjust their strategies

Harsh summer, cola price war play spoilsport for Dabur's juice portfolio

According to market research firm Kantar, bottled soft drinks breached an annual penetration of 50% in the year ending March 2024

Coca Cola proposes $1 billion deal to top four Indian business families

Coca-Cola India has approached four of the top Indian business families, seeking an investment of up to $1 billion as it eyes further expansion in the country

Global beverage major Coca-Cola bullish on India; sees strong year ahead

The Atlanta-based fizzy drink major said that unit case volumes for the entire quarter grew 1 per cent

Cola, beverage, ice cream makers expect surge in sales as temperature soars

With a gradual rise in temperature and the start of heatwave, FMCG and dairy firms selling cola-based fizz drinks, juices, mineral water, ice creams and milk-based beverages expect a spike in sales and have ramped up their production and stocks to meet the anticipated consumer demand. The makers are launching new products keeping in mind the evolving consumer preferences and also investing substantially on promotions and expansion of the channels this season, company executives of beverage and ice cream makers said. Beverages major PepsiCo said summer months are naturally the most favourable season for its category and it is "optimistic" that its portfolio of brands will continue to delight consumers during the period. The company which owns brands as -- Pepsi, 7up, Mirinda, Mountain Dew, Slice, Gatorade & Tropicana, has launched campaigns taking on board leading stars such as Ranbir Kapoor, Rashmika Mandanna, Hrithik Roshan, Mahesh Babu, Kiara Adani and Nayanthara to woo ...

PepsiCo India to invest Rs 1,266 crore to set up flavour facility in MP

PepsiCo India on Tuesday said it will invest Rs 1,266 crore to set up a flavour manufacturing facility at Ujjain in Madhya Pradesh as part of its expansion plans in the country. The plant spread over 22 acres, will play a significant role in scaling up PepsiCo's beverage production in India, generating employment and positively impacting the local economy, the company said in a statement. The construction of the upcoming plant is slated to start in 2024 and is expected to be operational in the first quarter of 2026, it added. "With support from the government of Madhya Pradesh, we aim to strengthen our footprint while driving impactful progress in enhancing the socio-economic landscape of the region," PepsiCo India & South Asia CEO Jagrut Kotecha said. PepsiCo India Senior Vice President, Beverages George Kovoor said the new unit will be the company's second flavour manufacturing facility in India. "We aim to ramp up the production of our beverages to meet the rising demand in the

Coca-Cola records volume growth in India in October-December quarter

In the Asia Pacific market, its unit case volume grew 2 per cent for the quarter, primarily driven by growth in juice, value-added dairy and plant-based beverages, and sparkling flavours

Coca-Cola India's bottling arm refranchises operations in 3 regions

Move will bring scale and contiguity to business, says bottling arm of Coca-Cola

Coca-Cola renews its partnership with ICC for another eight years

The agreement includes partnership for all men's and women's events which include the ICC Cricket World Cups, ICC T20 World Cups, and ICC Champions Trophies through the end of 2031

Hindustan Coca-Cola Beverages to train Tamil Nadu women on banking services

Fast-moving consumer goods major Hindustan Coca-Cola Beverages has unveiled a digital literacy programme in the state aimed at training women on the fundamentals of banking services. As part of the programme, around 3,000 women from Tamil Nadu would be trained under its national initiative to reach 25,000 women across the country. The financial and digital literacy training programme would encompass fundamentals of banking basics, account opening process, UPI training, a company statement here said. Beneficiaries would be grouped based on their interests, needs, and existing digital and financial literacy levels. The training will adopt a classroom-based format conducted at identified locations. "At Hindustan Coca-Cola Beverages our commitment to positively impact our community extends beyond refreshing beverages. The financial and digital literacy progamme in Tamil Nadu is a testament to our dedication to fostering change," said HCCB Chief Public Affairs, communications and ...

TMSEp584: Coca Cola Lemon-Dou, Article370, thematic funds, Google antitrust

Why is Coca Cola eyeing the alcobev market? What was the significance of Article 370? Why are thematic funds gaining traction? Epic's antitrust win against Google explained. All answers here

Coca-Cola conducting pilot test of its alcohol-based beverage, Lemon-Dou

For the test run, the beverage has been priced at Rs 230 for a 250 ml can and is being sold in Goa and some parts of Maharashtra

Beverage giant Coca-Cola joins ONDC, launches marketplace Coke Shop

The initial association with ONDC is being supported through SellerApp, which will help the company leverage the ONDC network with its data-driven insights, market intelligence, and strategies

Coca-Cola India net profit rises 57% to Rs 722 crore in FY23, sales up 45%

The company also achieved net sales of Rs 4,521 crore for the financial year ended 31 March 2023, a 44.9 per cent jump from sales of Rs 3,121 crore in the previous financial year

Coca-Cola sees double-digit volume growth in India in third quarter

The global cola giant reported an 8 per cent year-on-year jump in net revenue to $12 million