Page 2 - Coca Cola India

Hindustan Coca-Cola Beverages appoints Hemant Rupani as its new CEO

Multinational beverages major The Coca-Cola Company on Tuesday announced the appointment of Hemant Rupani as the new CEO of its bottling arm Hindustan Coca-Cola Beverages Pvt Ltd, effective September 8. Rupani is currently Mondelez International Inc's business unit president for Southeast Asia, which includes Indonesia, the Philippines, Vietnam, Malaysia, Singapore and Thailand. He joins Hindustan Coca-Cola Beverages (HCCB) after a nine-year career with Mondelez, the company said in a statement. He will succeed the current HCCB CEO Juan Pablo Rodriguez, who is moving to a new opportunity in the Coca-Cola system, it added. He had joined Mondelez in 2016 as Director of sales for India. He went on to serve as vice president and managing director for Vietnam before being promoted to his current role in 2022. Starting his career in 1997 with the paints company ICI India Ltd, Rupani had stints in several leading companies across sectors, including PepsiCo in India, Infosys Technologies,

Hemant Rupani named CEO of Hindustan Coca-Cola Beverages effective Sept 8

Rupani will succeed Juan Pablo Rodriguez as CEO of HCCB and bring with him extensive FMCG experience from Mondelez, PepsiCo, Vodafone and Britannia

Jubilant Bhartia eyes ₹5,650 cr NCDs to fund 40% stake in Coca-Cola deal

Jubilant Beverages Ltd plans to issue ₹2,650 crore in unsecured, listed NCDs, with ₹795 crore from anchor investors and ₹1,855 crore from the broader market tranche

Competition helps us stay in top form: Coca-Cola COO & EVP Henrique Braun

India is Coca-Cola's fifth-largest market by volume, with resilient demand, quick commerce expansion and digitisation helping drive growth, says Henrique Braun

Kinley Soda becomes ₹1,500 cr brand in India, tops sparkling water category

Beverage major Coca-Cola India on Friday said its Kinley Soda brand has crossed Rs 1,500 crore in revenue in the Indian market, emerging as a leader in the category. The success of Kinley Soda underscores Coca-Cola India's commitment to the market with innovation, backed by data-led decisions, supply chain strength, and a sharp focus on what consumers seek in the refreshment segment, the company said in a statement. This milestone had been achieved through over two decades of consumer trust, a demand-led portfolio, and the company's strategy of making beverages accessible to consumers, it added. "From nimbu sodas at street-side thelas to premium hospitality mixers, the brand has built a reputation as a dependable, high-quality soda. Its crisp taste and signature carbonation have made it a staple across occasions, outlets, and generations," said Coca-Cola India. Kinley Soda, is available in more than 1.4 million retail outlets in India, across channels from neighbourhood kirana sto

CCI approves Kandhari's Rs 2,000-cr deal for Coca-Cola's bottling unit

Fair trade regulator CCI on Tuesday approved Kandhari Global Beverages' proposal to acquire beverage major Coca-Cola's bottling plant for Rs 2,000 crore. Kandhari Global Beverages is an authorised bottler of the Coca-Cola Company (TCCC) and Schweppes Holdings, and is engaged in the business of supplying and distributing non-alcoholic beverage (NAB) products in Rajasthan. "CCI approves the proposed acquisition of the target business by Kandhari Global Beverages Pvt Ltd," the Competition Commission of India (CCI) said in a release. The target business comprises Hindustan Coca-Cola Beverages Pvt Ltd's (HCCBPL) business of preparing, packaging, supplying and distributing NAB products in north Gujarat and Union Territory of Diu. Last month, Coca-Cola said that it is selling its bottling plant in the north Gujarat region to Kandhari Global Beverages. Though the company has not shared financial details, industry insiders have pegged the deal to be around Rs 2,000 crore, where Coca-Cola w

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